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


To: Marconi who wrote (10087)6/16/1998 10:47:00 AM
From: Leo J. Bourne  Read Replies (3) | Respond to of 18691
 
AMZN - when will the bubble burst, or won't it? Have been biding my time waiting for the right moment to short AMZN. Anybody have any thoughts on when that might be? I avoided going long several months ago because I thought the stock was overpriced then, and now it has doubled. The company is sound, and will be successful, but it does not appear that the current price has any basis in reality. Barnes and Noble plus other companies will compete, and the barriers to entry are small. Does anyone have any financial projections or DD?