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To: B.K. Ohneis who wrote (2518)3/9/1998 6:46:00 PM
From: Don Westermeyer  Respond to of 13953
 
BK,

EGRP has been floored to reality due to various reasons. YHOO is still a fantasy stock, and will remain so until the fantasy bubble is burst.

I might jump back into YHOO with a small short position again, but to be honest I'm not sure I can get shares any more. Same with AMZN. It may take another year or so for the speculation subsides in these ridiculous valuations.

In fact I only consider fairly valued, not under valued. Under valued stocks are very rare finds these days (unless you head to the energy sector).