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

To: Peter V who wrote (9845)6/10/1998 1:02:00 PM
From: Lazlo Pierce  Read Replies (2) | Respond to of 18691
 
Well what do ya expect? I mean One of the biggest media companies, owned by THE biggest company in the world buys 5% of a 2nd Tier Internet stock. This is a major affirnmation of the importance of, and capitilization of these companies. Though I did a rough calculation, it seemed that NBC paid ~ $35/share for their stake, now over 50!

Dave



To: Peter V who wrote (9845)6/10/1998 1:04:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 18691
 
Peter, yes AMZN is a good short now. It is incredible that this market is holding up in the face of all the bad news.


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