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Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?

To: Danny who wrote (1311)	5/15/1999 12:57:00 AM
From: B. A. Marlow	Read Replies (1) \| Respond to of 2743

Tom's just doing his "job," Danny. He'll soon get tired of fighting the tape and move on. But if I wanted to short, I'd be looking for "broken" stocks, not "overvalued" ones... BAM

To: Danny who wrote (1311)	5/15/1999 2:24:00 AM
From: Gerald Walls	Read Replies (2) \| Respond to of 2743

Don't you find this "Tom Hua" guy very fmailar? Just go to EBAY, AMZN, YHOO, ATHM, DCLK threads, go back 6 months, 12 months, or even 24 months. Yes, this kind of "overvalued bubble" theory has been there for more than 2 years. What most shorts don't realize is that just because a stock is (possibly even extremely) overvalued doesn't mean that it won't stay that way, just as many value investors don't realize that an undervalued stock may never rise. But what most longs of these overvalued stocks don't get is that when the right trigger comes along, BANG!, right between the eyes. Within these two years, we have seen much worse situations such as 1997 Oct correction, 1998 summer crash, but in the end, we all wish we should have stayed long in the internet sector from the beginning. Do the KTEL people wish that they were still long?