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

To: Roger A. Babb who wrote (14006)9/23/1998 9:09:00 PM
From: Michael Bidder  Read Replies (3) | Respond to of 18691
 
The trouble with shorting the internet stock is that there the net is growing exponentially. Yahoo may one day be worth more than Microsoft.

It sounds silly but I think there is a justification for a this rediculous market cap.

I use Yahoo for my home page and I use the Chat. These services will improve. Can you imagine 2 billion subscribers in 20 years.

I wouldn't short it. If it starts to implode then maybe but NOT NOW!!

Michael Bidder



To: Roger A. Babb who wrote (14006)9/23/1998 9:29:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 18691
 
Oh, I have no doubt that will be so. Eventually. The question is how wrong you, or anyone else who is bearish on the Internet, can afford to be in the meantime.


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