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

To: Roger A. Babb who wrote (5969)	4/2/1998 4:31:00 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 18691

To all: Talk about be cocky! It's only a matter of time before many investors are decocked in this market! Not singling DELL out, but just happen to be reading that thread! Most all threads have this much bullishness in them though! exchange2000.com Hank

To: Roger A. Babb who wrote (5969)	4/2/1998 4:35:00 PM
From: Oeconomicus	Respond to of 18691

Anyone see the H&Q analyst on CNBC just now? Asked a direct question about how the valuations of AMZN in particular and 'net stocks in general can be justified, all he could do was ask something like "justifiable now or justifiable sometime in the future?". Generally evasive, throwing out the usual platitudes about new paradigm investing, and even claimed to be basing his view of the sector on the strong fundamentals. Paraphrasing again - "Investors want growth in the technology arena and this is one sector that hasn't let them down...Growth...Leadership...Hot sector...Blah...Blah...Blah..." Hey, just heard that the cheering on the NYSE at the close had nothing to do with almost getting to 9000 - it was a retirement party in the balcony. What a market! Bob