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

To: craig crawford who wrote (12350)	8/4/1998 9:19:00 AM
From: McNabb Brothers	Respond to of 18691

<YHOO is (was till today) almost a $200 stock. On a percentage basis it's not down much, only 16% off it's intraday high.> 16% in a month, I will take that any day of the week! Do not get too greedy, for you will lose it very fast when the market really turns! Remember Alan Greenspan even said it would at some point in time! Hank

To: craig crawford who wrote (12350)	8/4/1998 11:59:00 AM
From: Marconi	Respond to of 18691

Hello Mr. Crawford: I think the point is YHOO and AOL have much further to fall with the internet group. Yes, they are lagging the group, but the general direction of these issues as a group, driven by their economics, is down. Relatively, then YHOO and AOL are expected to be larger percentage losers in the future from the extreme pricing of recent weeks. I think I would find common ground with Mr. Babb and many others here that stock sectors affected by manias do not last, and ultimately the prospects for returns will come to have a greater influence on their share prices than the fullness of the mania. Best regards, m