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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (8953)11/28/2001 4:45:11 PM
From: Softechie  Read Replies (2) | Respond to of 99280
 
EBAY is another cult stock like WEBX KKD. I wouldn't touch it.



To: jjstingray who wrote (8953)11/28/2001 5:19:08 PM
From: ajtj99  Respond to of 99280
 
EBAY has a high valuation because they are perceived as having a monopoly on the web garage sale business. Someday their slow growth will be reflected in their valuation (maybe 2003). Until then, it will continue to be a web darling.



To: jjstingray who wrote (8953)11/28/2001 6:16:38 PM
From: DlphcOracl  Read Replies (2) | Respond to of 99280
 
jjstingray: I've learned the hard way not to short stocks I think are ridiculously overvalued if they show relative strength compared to their sector. For that reason, I would not short: EBAY, KKD, PNRA, ERTS, and NVDA. Shorts are better placed on stocks that show extreme volatility, overshooting the NASDAQ index in both directions.


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