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

To: Roger A. Babb who wrote (11156)	7/8/1998 8:39:00 AM
From: Kip518	Read Replies (1) \| Respond to of 18691

AMZN looks to gap down big at openning -- ask at 8:40 am - down 12 points

To: Roger A. Babb who wrote (11156)	7/8/1998 9:46:00 AM
From: Dr. Seuss	Respond to of 18691

Hee Hee....Love the drop this am. The bubble has been burst. I'm not in any of the nets, but I love to see all you guys getting some of your margin back. dr.s@hee.hee

To: Roger A. Babb who wrote (11156)	7/8/1998 10:12:00 AM
From: Kip518	Read Replies (1) \| Respond to of 18691

Appears now to be little question that the internet bubble has burst. The panic has gone beyond profit-taking. Shorts murdered on the upside, now public longs will be murdered by margin calls on the downside. Semis, other techs, and the market in general may benefit for the moment as internet profits flee to safety, but IMO the collapse of the internet speculation finally signals the top for the market. (Of course, OTOH, YHOO's earnings release today could be so wonderful that the crazies could be extended for a few more months)

To: Roger A. Babb who wrote (11156)	7/8/1998 10:22:00 AM
From: ralph keating	Read Replies (2) \| Respond to of 18691

Roger, when do you see the bottom forming for amzn or will there be?<eom>

To: Roger A. Babb who wrote (11156)	7/8/1998 11:32:00 AM
From: taxikid	Read Replies (1) \| Respond to of 18691

roger, i do not believe in hit counts, and maybe i am wrong, as an owner of web real estate, my site does not save "hits" for marketing or other purposes, we are concerned with conducting business, not tallying how many stumble or get lured to our site without making purchases. I am proud to say, that after only 6 months, i have found people capable of building a business with me, right here on SI. I am not graphically inclined, and i could not cut and paste 265 days ago, but i stopped reading sec documents and started reading html books. I find that the web can make business a heck of a lot easier. emailing even back and forth a few times, combined with fax confirmations, keeps everything on the up and up. I cannot wait to see what happens when i am able to set the programs and database to do much of this stuff automatically. In this sense, I can take my area of knowledge. (the taxi business) combined with corporate car service, with easy reservation system, and defined prices, and bring the corporate transportation business out of the dark ages and into Y2k. The same way that the costs of trading stock have come down, expect to see the rates of transportation come down 20-30%, while the service is greatly improved. Like the stocks "cross trading" reservations eventually will be one in, one out. So the cost become less. And the customers get a private ride. I don't see this happening for a while, 1 or two years. The amzn concept is great, and they are selling books. I read two a week, but have not bought from amzn. I live too close to too many bookstores. regards taxi