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


To: profit_guy who wrote (20488)3/14/1999 6:39:00 PM
From: gaj  Respond to of 122087
 
GMAI and PPOD information... just to keep in the back of the head...

first, on PPOD - in my city, the supermarket offers "FREE DELIVERY". that will squeeze PPOD, as others come online. i don't see it as the future....

GMAI - i know baseball cards quite well, and they own teletrade. i used to do auctions through teletrade...and it seems like everyone and their mother is now using ebay for any 'quality' cards. through teletrade, you'd have a seller's premium...which meant, you sent the cards, waited 4-6 weeks for them to put it in an auction (with a minimum number of cards submitted, or minimum value), then after it was in the auction, and after teletrade received the money from the other party, you'd get your money. so 'hot' cards could be cold by the time you sold them...IN ADDITION, although teletrade claimed to check condition on cards, they didn't; i graded one card quite accurately, and it was sold in that condition, and the person they sold it to got their money back because it wasn't 'in the right condition'. it was - and if there was any problem, it should have been teletrade changing the condition of it.

so, in conclusion, i see GMAI's acquisitions, and pushing of the stock to its price, as having less value that anticipated...and think that any good news might present good shorting ops.

i have no position in either company; i closed out a PPOD short because it wasn't acting nicely, though i'd have no problem opening up another short when the time is right.



To: profit_guy who wrote (20488)3/15/1999 9:23:00 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 122087
 
VISX will be on CNBC squak box tomorrow,, BTW I shorted it stricyly on the 20 point gap for technical reasons ..not because of real fundamental reasons.