To: KeepItSimple who wrote (74624 ) 8/19/1999 9:44:00 AM From: re3 Read Replies (1) | Respond to of 164684
i wanted to make a comment about an analyst in Toronto who uncovered some negatives about a company in the entertainment biz...he was very fortunate to have made enough $ on his investments (i don't know if he shorted this particular stock), for he was blackballed by Bay Street and was 'retired' in his thirties...then there was one who awhile back downgraded 'bids' and was threatened... then i look at some of the analysts being criticized here...i can't read their mind to know if they really believe what they say, but if wall street reads these analysts findings and substitutes a 'buy it it'll double for xmas', and pays these people a ton, they pretty much have to pay along...i don't blame them for playing the game, for they are really a hired actor reading lines...similarly i have trouble when people on si make fun of cnbc people...they got a job to do... but the inv. houses , sheesh...i cannot see how in good conscious they'd recommend something like ebay at 2x the market cap of barrick gold, or goodyear tire...further i cannot see how certain individuals on this board really believe ebay is worth 150 $...they must be putting us on... the option thing makes me ill. i checked the aug 100 ebay calls...they were as low as a half and up to 27 yesterday when i checked...what i don't get is , do moms and pops really dump options at a half a point, or were new ones opened ... gosh, i hope these stocks get what i think they deserve...imo ebay belongs at a buck. even if they can really get it together and earn a dime a year, a pe of 10 gives a buck...and pe's were under ten in the seventies... the seventies may come back ike