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To: SE who wrote (8227)11/10/1998 10:27:00 AM
From: Tom Trader  Respond to of 44573
 
Scott, I saw what happened to EBAY and it is unreal

Basically all the analysts have raised their targets for the internuts and so prices have spiked. I bought CMGI a while back and closed it out for about a 2 point profit after a day. Today it is over 30 points higher!!

I agree with you about it being a bubble -- the only thing though is that one never knows how high it will get and how large the bubble will be be before it bursts. A few weeks ago Schwab called me to tell me that AMZN was available if I wanted to short it -- today it is over 30 points higher.