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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: NYBellBoy who wrote (1934)	1/30/1998 12:10:00 AM
From: Druss	Read Replies (1) \| Respond to of 18691

NYBellBoy--I don't have a position in EGGS. I didn't have time to research it so I stayed out. I was however very aware of it so I read the LA Times article carefully. My view is that this is a move to stave off disaster and they hope to get the valuations being applied to other internet companies. In may happen but it won't go on forever. The market sooner or later is going to realize that simply because you sell your goods or services on the internet doesn't mean your company should sport a triple digit P/E. All the Best Druss