Japan is experiencing a full blown recession, and it is heading towards the US like a tidal wave, or as we say in Hawaii, a tsunami. October 24th is the drop dead date...all of the holders of the original stock certificates purchased in the primary market at $18/share will be dumping this stock like sharks to a feed. It is better to find out early, then after it is too late. You still have time to get out...Yahoo's numbers come out on Wednesday. Just look at these alarming technicals to see for yourself:
The fact that the G7 is meeting with President Clinton should tell you something...it tells me that things are already out of control, and it is unlikely that anyone can stop it. Just sell, you will thank me later...you can always buy back in when it reaches single digits. I hate to see people lose their shirt...I've seen it happen to a family member recently. I'm talking a loss of 85%...EBAY is one of those companies that will definately continue to lose.
anybody that has the audacity to bag on the darlings of the NASDAQ--internet stocks-is accused of being a shorter with vested interests. is this a market of lemmings, or what? people bid this trendy nonsense up as though they were bidding for a Rembrandt at Southebys. it seems nowadays all a company needs to become absurdly overvalued is a .com and no tangible product to sell.