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Technology Stocks : eToys Inc. (ETYS) -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (860)12/20/1999 9:46:00 PM
From: Paul Viapiano  Read Replies (4) | Respond to of 1330
 
Seems fishy that the last few posts are all people claiming to have bad service with ETYS...hmmm

I wouldn't be shorting down here, this is where all the amateurs do it, after a 50% drop from the swing high...

I told this thread to expect a drop to 30 several weeks ago...I'll start to nibble around there considering the market holds up...



To: Cornstock who wrote (860)12/21/1999 2:47:00 PM
From: David R  Read Replies (1) | Respond to of 1330
 
It would have been a fantastic investment at $58 two weeks ago. Now, I am not so sure. The problem is not knowing what the investment community is looking for in terms of holiday sales. With etys pathetic revenues, almost anything is positive, and given the wild instability of web stocks, this pup could easily do a +$30 swing on what is really bad news (but looks good on the surface). On the other hand, in the long-term etys is a sure loser (IMO).

History has shown that over-valued net stocks should only be shorted as they reach new record highs. Never short this far into a decline. YHOO, on the other hand, is pushing through $400 a new record high. If it reaches $420, then it should be the last best short of the year.



To: Cornstock who wrote (860)12/22/1999 4:26:00 PM
From: RetiredNow  Respond to of 1330
 
The reason for the drop in eToys folks is because of the massive selling do to the end of the lockup period. The way to view this company is ask yourself how their competitors are doing. Has anyone tried Toys R Us. They suck, to put it plainly. They don't wrap their gifts and they don't tell you what's in stock, AND it's hard to cancel an order.

So my take is that when the "end of lockup selling" is done with, and the strong retail sales numbers come out, this stock will pop. I am betting we get a 100% gain in 1 month's time. Just my opinion, but good luck to all of you!