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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Hank who wrote (2977)	9/23/1998 6:41:00 PM
From: hasbeen101	Read Replies (2) \| Respond to of 4634

I agree that the growth forecasts for Amazon look too optimistic. The market isn't right all of the time, but it gets it right more often than not. I think Bill's pretty wise in not wanting to short these runaway trains with huge growth expectations. At least with the Y2K stocks, it was easy to see they would fall in a hole around the year 2001. That was a case where proper fundamental analysis once again disregarded the current growth rate and looked to the future. Maybe Amazon will prove a good short, but it's not a slam dunk like the Y2K stocks or Bill's fraud stocks.