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

To: Oeconomicus who wrote (17244)1/28/1999 12:30:00 PM
From: Peter Goss  Respond to of 18691
 
Does anyone have an opinion on the bloated pig SCH? The thing is trading at 70x forward earnings with a generous growth possibility of 25%. I know it is an "internet" stock but if the market slows down or falls this one should go too.

Thanks,

Peter



To: Oeconomicus who wrote (17244)1/28/1999 5:04:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
Bob & all, impossible to tell from the AMZN release, but given its price volatility and lack of hard assets, the convertible may very well be floorless or at least have a low floor. We probably won't know until the SEC filings.


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