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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 (14698)10/20/1998 1:26:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 18691
 
I will bid 100 per share for your Internet lumber company. It's about time someone included lumber in the new paradigm. Also, you're a fairly smart fellow, I'm sure that you could turn that profit into a loss with a little effort. Perhaps you could call it Logjam.com

Barb



To: Roger A. Babb who wrote (14698)10/21/1998 12:35:00 AM
From: poodle  Read Replies (3) | Respond to of 18691
 
"Let's see, my lumber company has revenues of about $50 million and we do transact some business online. Even have a website. Can I IPO for a billion or so?"
Call it World Wide Wood, count all hits of www. and claim world market for all wood products as potential revenue.
If you really have no any idea how to eliminate profit (I doubt), let me know. I will find some biotech that you can buy. It's almost sure game, you will never see profit again.

www.thisstreet.don't.com

Japan is very strong now as well as Europe. Investors in Japan are excited because "Industrial Bank of Japan on Tuesday became the first large Japanese bank to show a willingness to accept public funds under a government bank recapitalization scheme".
Interesting that "other major Japanese bank heads have been reluctant to ask for public funds."
IBJ president "urged other lenders to look beyond their own interests and ask for capital infusions in the interests of economic recoveries in Japan and the global arena"
You see, lenders are thinking about global interests, not their own. Not like they had their backs/bucks against the wall ...