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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (7029)5/17/1999 2:47:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Some of the BIG internets are making themselves into great short ops. . .

RNWK dumping 4 million shares into the market. . .now there's a way to increase shareholder value [said sarcastically].

AMZN slashing the price of all books to 50 percent off. Do they think they can make ANY money at all doing that? Looking for AMZN to be profitable in about 2020. . . a number their CEO has been told his eyesight isn't. And get this. . . Barnes and Noble wants to match them. . . at that rate, forget about seeing their .com this season.

Shorting internet stocks is very dangerous. Also, I expect the whole market to soar after the Fed says they are doing nothing. . . yet I could be wrong and we could fall off a ledge here, should they actually raise rates. . . . so please, use your wisdom and if the water gets too hot. . .just stick some of that money in an overpayment toward principal on your mortgage, instead of gambling it here.

Rande Is . . . in a rather bizarre mood today.