SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (13055)8/9/1998 9:17:00 PM
From: Impristine  Respond to of 164684
 
pucker factor starts building for the shorts

stop it before i burst.



To: Bill Harmond who wrote (13055)8/9/1998 9:29:00 PM
From: Oeconomicus  Read Replies (3) | Respond to of 164684
 
Pucker factor? Can't a guy make fun of another's typo?

Besides, what do we have to pucker up about? Few shorts here suggested the path would be straight down, but the earnings -er- loss revisions should be an obvious warning sign to you bulls. Do you think Keith Benjamin would come right out and say sell? Of course not, but if you pay attention, he is saying that he drastically underestimated the losses over the next couple years and, in case you've forgotten, has a price target (his estimation of value supported by 2001 earnings using a PE of 50) on the stock of $46 (which I guess he'll have to revise as well since the loss revisions surely effect 2001 if he raised 1999 losses by 150%).

Good luck, Bill.