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To: Gabor who wrote (15073)11/10/1998 5:05:00 PM
From: Bill McCullen  Read Replies (2) | Respond to of 27307
 
Tough to short with the analyst games going on.

Part of the hype of why the Internet stock group is so hot is that the holiday season is coming yet check the earnings estimates on these stocks for the coming quarter:

EBAY = .04 yet they did .05 last quarter (non-holiday)

YHOO = .16 yet they did .15 last quarter and have been growing sequential earnings at almost 100% the last two quarters.

AMZN = really doesn't matter as they will never turn a profit. But they might lose more on higher revenue which is all that really matters.

Gee, you don't think they are low balling do you? I can see it now. Come February ebay will earn .09 and the stock will go from 700 to 1300 in one day. Then some analysts will up their targets to 2500 and the stock will run again.

Its clear. By next Christmas malls will no longer exists. (Better short WMT, Sears, etc. now). We will all give books and second hand stuff as Christmas presents. We will probably have a cyber tree and can attend church services over the web. No need to ever socialize again. What a wonderful life it will be;-)