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


To: Leo J. Bourne who wrote (10098)6/16/1998 3:06:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 18691
 
Leo...

>>. I can't believe the market is willing to wait three years just to see a P/E of over 50, <<

Neither can I however IMO, analysts are really pumping this stock. In that environment, analysts will make conservative estimates on earnings and allow the company some room to consistently beat the estimates. This feeds into the continued buying as the analysts that recommend the stock look like heros. Let them miss a forecast and down she goes. Just my opinion.

I tried to short this stock a long time ago and my broker talked me out of it. I have been thanking him since!!

Good Luck

Bob T.



To: Leo J. Bourne who wrote (10098)6/16/1998 6:33:00 PM
From: Druss  Respond to of 18691
 
Leo<< I can't believe the market is willing to wait three years just to see a P/E of over 50, particularly when someone could pre-empt the AMZN play by simply calling a new company an associatively linked name that would rake in most of the advertising benefits. "If you liked Amazon, you'll love Gladiator" or some such jingle. I have not looked into the competitors on the web, but perhaps that is where DD might uncover some interesting trends.>>
If you do care to do some research in this direction this site should be useful:
kbc.com
All the Best
Druss