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To: The Perfect Hedge who wrote (6075)	12/24/1997 12:25:00 PM
From: RealMuLan	Respond to of 95453

<< basically any bloated tech stock out there. I don't think INTC now is a bloated tech stock now. Its price has already come down about 33% from its high. It may swing between $68 and $70, but not much down potential. Whoever want to short this stock, be careful. Happy holiday and good luck.

To: The Perfect Hedge who wrote (6075)	12/24/1997 1:17:00 PM
From: Rich B.	Read Replies (2) \| Respond to of 95453

Hey Glen, How about Amazon.com for a short. In contrast to one of my holdings (fgii), Amazon is expected to show a loss of at least 1.00 the next 2 years. FGII figures have been as high as 3.?? in 99', as they get up to full speed.( This is clearly too much money for one company to generate and manage responsibly. If they could sell rigs over the internet and show a loss the stock price would go skyhigh. ) I believe there are many short opportunties around, trying to narrow a few of my selections down. The market as a whole is shakey, asia crisis, slowing domestic growth. I think the year ahead will be interesting. Forecast for S&P earnings growth in 98' is somewhere around 14% while last weeks S&P P/E is 24. Merry Christmas,RB