On Short GNET and Who uses Priceline, Internet Longs and Shorts,
I know this may be brave, and bold, and where no man has gone before,
but whereas Captain Kirk uses Priceline PCLN, I am sure Mr. Spock is happy over at Vulcan, oops I mean Paul Allen.
But I agree, I started to think, who but women would tune into IVillage, IVIL , but not to sound too evil, there are of course, some sites that cater mostly to men,
Either way, you lose half the potential webviewer eyeballs etc.
Then all the scaredy pants, and dumb bunnies start moving back into cyclicals, you know Warren Buffet all you can eat for $85K or so, almost commodity, utility, and interest rate driven manufacturers,
IBM, CPQ (Why do only the Japense allow Hari Kari, is there no honor)
and this, on fears of inflation and interest rate hikes because the 30 year treasury long bond got a little too close to 6% (Like if Greenspan would let us slip into a recession, just when we got the country back from the Japanese and French Bankers of the 80's).
So I started to thin too, dump AMZN, AOL is too high, bell weather or blue ship or not, but what do people buy, and will continue to buy,
Cable TV, and Cars, and they need cars to go to work and pay their cable tv bill don't they, so I am long on ABTL and NVDC the only two publicaly traded E-Cars E-Commerce sites going up, I sold off AWEB,(but will buy it back at $10). I'd buy TCI etc but they are too high for my logic.
Didn't buy anymore GNET, I am SHORT on it, but I know it will not drop below $95, much, (Thank You Mr. Horowitz) nor much above where its at, I short GNET until next week, why, because GNET might be Paul Allen, but GNET is not MSFT Internet2 yet. Charter, Falcon, Marcus Cable, USAI, well okay, lets talk, maybe. Maybe not yet.
I am,
Truly yours,
-Crystal ball
When do those new car models hit the dealerships? [hint]
For more on E-Cars E-Commerce click
Subject 28564 |
