You guys just don't get it do you? It is obvious
by your postings that you understand the concept of
short and long to market valuations of a stock(you are
all obviously short)
But what you obviously
don't understand is to play the momentum of a stock in
the direction it is going. I have been an investment
advisor and broker for almost 10 years now and I have
seen alot of money made and lost by people playing the
right way and wrong way on stocks, both short and long.
The funniest thing about the current net rage is
something thestreet.com touched on earlier this week, and I
watched it in person for the last 10 years. That is how
these small companies are overvalued in the late 80's
and early 90's and couldn't possibly keep growing and
supporting the astronomical PE's they had. You are probably
familiar with MSFT and DELL.
maintained triple digit yearly growth in revenues and
earnings and still today 10 years later are still posting
50% and better year over year growth. The internets
have the possibility of hitting 4 digit growth in some
cases and of course the growth will slow, but don't be
on the wrong side of something that still has 5-7
years of phenomonal growth left.
If you want to
short look at the companies that will be having trouble
6 months down the road attracting business. I asure
you that doesn't include many of these net stocks. Do
yourself a favor and try the long side on some stocks, it
is where you will make the money in the next 10
Subj: You technical???
Date: 12/23/98 01:39 am
The reason they don't build their own web sites is they're as technically illiterate as you. The insiders have bilked you ut of your money. You probably bought in at $300 and are looking at 90% of your money disappearing in a few weeks. And you won't sell. It will drop further and you still won't sell. LOL
You just can't see that it's glorified telemarketing. I can. Your paper profits are vapor. My short sale money is hard cash in my account.
It's a, "Personal Event"
Don't Ya know we
have had a "Paradigm Shift" or a Paradigim
or a Paradyme shift, or however you spell it.
See, Now I am starting to, "get it"
I am going
to buy a 1000 shares of Amazon .
When it goes up
to 1,200 dollars a share by the new year (cause then
it will have the same price to sales ratio of EBAY,
another internet Blue Chip stock in the not4profit.net
On January 4th I going to sell all of it and take my
profits. That way I won't have to pay a lot of capital
gains tax in 98 (I know i am ahead of the curve on this
I am going to take all of that profit and
join the church of Scientology. A lot of other Amazon
stockholders are probably already members.
thing I haven't figured out is how to get my two " free
Well maybe I don't have it all down yet, but
you have to admit, I am learning!
These companies traditionally do not have the net
know-how to expand. However, I bet that you'll see some
stealing of staff and that will change. I also think that
these companies have the capital INSIDE THE COMPANY to
adjust to capital requirements which will come. Internet
speed standards have risen quite a bit over the past
few years, but they will still improve and change.
AMZN will have to go to the market for more capital to
Didn't Schwab spearhead a restriction on on-line
trading for new IPOs? This actually gives some barrier to
entry to existing internet sites. Personally, I have
taken a put position for AMZN because I truly believe
that investor money will run out, but it could stay
high for awhile.
We may have stumbled onto an opportunity - a
publicly traded porn website company. From a business
point of view, makes sense. It could be called
SexySite.Com. What a splash that would make. The stock analysts
could point to the enormous market for porn. It would
probably run up on the first day of trading.