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To: Timothy Liu who wrote (26419)8/4/1999 10:21:00 PM
From: Zeev Hed  Respond to of 93625
 
Timothy, I really think that those highs may not be seen in some cases (in those nuts) for a good five years, maybe some will be taken out much below their all time highs. The bottom? What is the fair value of a company that increases its expenses at twice the rate of its revenues, like AMZN? (I am not even talking about profits). There is still a lot of hot air to be taken out of the DOT, IMHO, and since it will not happen at once (many think that buying at 50% of the high is a steal), it may stretch out in time quite a lot.

Zeev



To: Timothy Liu who wrote (26419)8/5/1999 1:43:00 AM
From: Don Green  Read Replies (2) | Respond to of 93625
 
Tim...

Them Margin calls should be going out like crazy now. Which should feed the bear.

regards
Don