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


To: Research Week who wrote (16248)12/20/1998 10:26:00 PM
From: HiSpeed  Respond to of 18691
 
<We have initiated coverage of Amazon.com Inc. with a Short Sale recommendation. Our 12 month price target is $125.>

After the 10:1 split? <g>



To: Research Week who wrote (16248)12/21/1998 12:28:00 AM
From: Victor Lazlo  Respond to of 18691
 
Research Week - What is your past track record in short sales? A complete list would be most appreciated.

Victor



To: Research Week who wrote (16248)1/11/1999 8:10:00 PM
From: HiSpeed  Read Replies (2) | Respond to of 18691
 
<Short Sale Recommendation

We have initiated coverage of Amazon.com Inc. with a Short Sale recommendation. Our 12 month price target is $125.

Research Week Inc.>

Ooooops?

Considering that was posted before the split, AMZN is now at ~550 (3:1 split remember). Why do so many fight this trend? We know it is overvalued by a factor of 10 or 100 - has been for a long time. Logic flew out the window long ago on these puppies. Go long and babysit the stock - if it tanks get out and even short it if you want.

BWDIK