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


To: Oeconomicus who wrote (10761)7/1/1998 12:04:00 AM
From: put2rich  Respond to of 18691
 
Bob,
Amzn is strange, upped steeply from 40+ to 100 then now trades at 95-101. Less crazy bulls at this level or they take a rest before another pump? Also I pasted here part of CBS Market Watch article about software.net and amzn
<While Amazon also faces a difficult competitive environment, it is the clear leader in the online bookselling market, with more than 2.26 million customers at the end of the first quarter. The same can't be said of software.net, which boasted it had sold products to 140,000 customers at the time of its IPO filing.>
It seems Wall Street loves leader amzn so far (as well as aol, yahoo...)



To: Oeconomicus who wrote (10761)7/1/1998 8:19:00 AM
From: Joey Two-Cents  Read Replies (1) | Respond to of 18691
 
R.D., what may be a sign the economies cooling my wife sells TV air time here in NY all the big advertising agencies budgets are down big time except for those advertising Mutual Funds and Liquidators.