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

To: Oeconomicus who wrote (10915)	7/3/1998 12:54:00 PM
From: taxikid	Respond to of 18691

i think 9 bil includes a premium of 8.9 billion taxi

To: Oeconomicus who wrote (10915)	7/4/1998 1:42:00 AM
From: put2rich	Respond to of 18691

<<AT&T/YHOO? You must be joking. Look how badly T is getting beat up for buying TCI - so badly, in fact, that the deal is in danger. Imagine what would happen if they announced they were going to pay $9 billion (plus a premium) for YHOO. >> It was repeated on TV on Thursday of rumors of buying internet companies. Some big guys wanted short squeezes. One commentator in Times (LA) wrote AT&T will be on the road of demise in buying the bloated TCI. I don't think any buyout of extremely overvalued and costly internets now. Let see yuppies have cellulars, pagers, DVDs, Cable/DSS programs, Pentium II computers, laptops, BMWs, big houses, association fee...now where are more money for frenzy buying books/CDs/auctions on internets. Don't know other parts of US but friends and I myself in LA area and Silicon Valley think/see finding good jobs as engineer w/ salary 70-100K are getting very very tough now aday (unlike 1-2 years ago). May be I am pessimistic but I see more unemployed, no major hiring, more personal debts, drop of consumer spending. I went to Chevrolet dealers w/ 0.9% financing and found few shoppers (more salesmen than shoppers), but heard like Toyota dealers were little crowded w/ special rabates and their cars are top notch. I think the bull market is dying (but internet stocks might grow for a while), any predictions?