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

To: JOHN CHEN who wrote (11762)	7/21/1998 12:31:00 AM
From: Daniel Ray	Respond to of 18691

<<just who the hell are the idiots buying AMZN at $137.5 a share after split?>> mostly people who _were_ able to find shares to short and who now are being bought in. . . . IMO Good luck!

To: JOHN CHEN who wrote (11762)	7/21/1998 12:52:00 AM
From: Don Kelly	Respond to of 18691

>>>I have to say AMZN is one hell of a wacky stock!<<< Someone on CNBC today pointed out that for AOL to justify its current P/E of nearly 400 (or is it 4000 yet?), they would need eighteen BILLION subscribers. That's over three times the Earth's population! It seems to me that if those eighteen billion AOL subscribers bought from AMZN one copy each of every book ever written about the O.J. Simpson trial, AMZN might, just barely, justify its current market cap. But we all know by now that when it comes to Internet stocks, those kinds of statistics are about as convincing as DNA evidence and a bloody glove.

To: JOHN CHEN who wrote (11762)	7/21/1998 1:25:00 AM
From: put2rich	Read Replies (1) \| Respond to of 18691

<<AMZN is a retail stock with endless potential competitors- nothing they have is unique and technical. It is just like CDNW, SWNT, EGGS, NTKI, CYSP and IBUY. What is so hot about a retail internet stock, trading already at $137.5 just AFTER a recent SPLIT? >> Bloomberg TV repeats amzn has not seen a profit, loss is double last year... so I guess we'll see the top tomorrow. As my fund is limited I would like to short small near top if possible. AMZN is less risk to short than YHOO/AOL where many ANALysts give strong buy. Good luck