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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (6821)4/28/1999 6:17:00 PM
From: Andrew H  Read Replies (1) | Respond to of 30916
 
Yeah, I know AMZN has been selling off. But everyone is saying the numbers are very good. Damn thing was horribly overpriced in any case. Might be a bit of a net sell off tomorrow--lets see where they close the day.

Even if there is a big sell off, bargain hunter will most likely soon come in like last week. I do agree with you that some of the Internuts are incredibly overpriced and should make good shorts. Given past history though, I would not want to be short. At least not yet.



To: Steve Fancy who wrote (6821)4/29/1999 1:24:00 AM
From: David Wise  Read Replies (1) | Respond to of 30916
 
OT - Steve, would you add AOL to that overvalued list? Down $10 today. Will it be a good short after this long run up? Definitely "selling on news" kicked in.

I tend towards value stocks, and .11 share doesn't cut it for $150 stock, even acknowledging that AOL is a great company with a big future, the market cap is too rich for me.

Has the NASDAQ's slow fall avoided a crash, or is this the prelude?


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