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


To: Ralph Cosenza who wrote (7504)1/30/1999 4:13:00 PM
From: Provocateur  Read Replies (3) | Respond to of 122087
 
Again, I agree with Anthony. There was a definite lull in buying Friday afternoon. From an intra-day viewpoint it was an intelligent short. My questioning the wisdom of it focuses on the intense media/hype blitz that is expected to come Monday and Tuesday. Unless you can afford to hold on (and I think only Anthony can), it is definitely a dangerous place to be short. New buyers will flow in from articles and advertisements in the Wall Street Journal, Investor's Business Daily, Barron's, radio campaigns, store promotions of the website, and of course repetitive CNBC coverage. Just makes no sense to me to risk it all in the face of this and a tiny float of 1.9 million. Add to this the fact so many longs are holding onto their shares. I expect some nice movement come Monday.

LOL, Friday was the signal point? Sure it was.

BTW their revenues are $180 million according to a recent PR. You do the math.

Please short this stock come Monday!

Prov



To: Ralph Cosenza who wrote (7504)1/30/1999 8:12:00 PM
From: Lee Walsh  Read Replies (3) | Respond to of 122087
 
"everyone sees it they will realize that a market cap of over 70 mil for a company losing 14.5 mil a year and will go higher after they try hefty marketing agreements is ridiculous."

Amazon has a market cap of 19.4 Billion and lost 78 million in it's last 3 quarters.....

IMO..Valuations/profits/losses mean nothing right now in Internet issues...maybe when all the dust settles, they will....but not now.

Lee