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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (2758)1/5/1999 8:09:00 PM
From: pressboxjr  Read Replies (2) | Respond to of 122087
 
<<Forget about shorting AMZN..at least for now.. >>

I wouldn't touch that one with a ten foot pole, either way right now. I mean how do you figure? Revenues are up, yeah, but gross profit margins are shrinking and they won't make a dime anytime in the foreseeable future, yet people keep throwing their money at it. Unbelievable!!

This market is really crazy and overvalued right now. I sure as hell wouldn't want to be sitting long on one of those high flyers when the walls come caving in.

JR