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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo who wrote (14096)9/7/1998 9:23:00 AM
From: j g cordes  Read Replies (1) | Respond to of 120523
 
"Anyone have an opinion what the halo effect will be for Barnes & Noble (if any) as AMZN plunges?" Birds of a feather flock together.. first reaction. However, BKS has traditional real estate to land on. If we get a short covering rally, I'd be very careful timing your downside entry.



To: Jimbo who wrote (14096)9/7/1998 10:20:00 AM
From: James Strauss  Read Replies (1) | Respond to of 120523
 
Navalier Thinks Something Smells With AMZN...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Jimbo:

With a forward P/E of 21.8 and Price/Sales ratio of .57 BKS should get some of the money flowing out of AMZN...

Louis Navalier was talking about AMZN questionable accounting tricks on CNBC today and said "Some of these stocks smell"... With that and the Barrons article, look out below...

Jim


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