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To: Smart Investor who wrote (16399)12/28/1998 12:09:00 PM
From: HG  Read Replies (3) | Respond to of 27307
 
More good news on etailing.

cnnfn.com

Go go go.....



To: Smart Investor who wrote (16399)12/28/1998 1:34:00 PM
From: Chuck Molinary  Read Replies (1) | Respond to of 27307
 
SI,
Yes, in fact, I did notice SKYM and AAGP. UBID du jour....

These stocks are really becoming pyramids. People who have no idea what these companies do, are plunking down serious $$. I think 1999 is going to see the spawning of a new industry: Daytraders Anonymous. "Hi, my name is Bill. I was a daytrader. Now I live in a box under a bridge down by the river..." A lot of the people trading these things do it because of the rush in the same manner that gamblers will throw that last dollar into the slot machine. Many people are going to see their lives ruined when the bubble bursts.

Finally, AMZN is somewhere around 356 now. Looks like Oppenheimer's Blodget is an absolute genius, a financial wizard extraordinaire, to whom all traders should bow in homage. AMZN will hit 400 shortly. So does Bloodletter then up his target price to $1050? Does ML's Cohen lower his target to $32?

'Tis an amazing age...
ctm