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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: David Lawrence who wrote (14509)	4/4/1998 12:42:00 AM
From: Jeffery E. Forrest	Read Replies (1) \| Respond to of 22053

My initial thought was to short those Internet Long Distance Guys, But I just don't see that tax going through. So far this administration has been great inre the Internet and pretty much did the right thing (for once) and stayed the hell out of it. There's too many other good places to go short. Speaking of shorts (getting KILLED), how about AMZN, AOL? Or YHOO, MANU, LU. NO WAY would I try and short the internet plays right now. It doesn't matter if you are 100% right in your assumptions when they're on a tear like they have been. My assumptions are that they are grossly overpriced, but damn if they don't keep going, and going, and going............ Jeffie doesn't step in the front of a train at full steam. Trouble is, They're too damn scary to go long either. When they finally DO come down (and they WILL), there will be plenty of fat to pick off the bones. I don't have to pick the top, just lemme at 'em after the first bullet is fired. I'll swoop in like a big buzzard, strip off a few good sized hunks and fly away quick.<G> They remind me alot of NSCP, UUNT, PSIX, PRST, etc.(USRX<G>) Once they turned, they turned BIG and there was plenty of time as they were coming down to make lotsa short cash. Some recent speculation that GTE is clearing the decks to 1) be acquired by BT, or 2) make an acquisition - Quest perhaps? I had not heard this yet.