Re: [RT] Dan Sullivan goes bullish

["Kent Rollins" <kentr@xxxxxxxxxxxxxx>]

So things with CIBER can't get worse?  Here is 
what things looked like when things couldn't get better:
 
<A 
href="">http://news.com.com/2100-1017-243311.html?legacy=cnet
 
Note the date.  At the time you would have 
been crazy to short some of those semis in July of 2000.  Check the 
charts.  Semi customers were double- and triple-ordering because they 
weren't getting the parts they needed.  The double- and triple-ordering was 
creating a self-perpetuating cycle.  Jonathan Joseph specifically said that 
he downgraded because "things couldn't get any better" for the semis.  
Companies have had 2 years now to repair their balance sheets.  Things will 
pick up again.  Not like they were.  That may never happen again in 
our lifetime.  But things will pick up.
 
And Mark, you're conflicting yourself again.  
In your post you say, "let's see if there is any WALK in the big TALK that techs 
have been making."  Then you say, "there was NOTHING good in [the CIBER] 
report."  What tech companies are talking big?  I haven't heard 
it.  You pointed out that someone upgraded eBay, then you pointed out the 
someone is "SUPER SHORT" eBay.  That's what makes a market.  Which 
side are you on?
 
Kent Rollins
 
 
----- Original Message ----- 
From: <A 
title=mar.ko@xxxxxxxxxxx href="">Mark Simms 
To: <A title=realtraders@xxxxxxxxxxxxxxx 
href="">realtraders@xxxxxxxxxxxxxxx 
Sent: Sunday, April 13, 2003 8:59 PM
Subject: RE: [RT] Dan Sullivan goes bullish

Incredibly 
coincidental, in the 3/31 Barron's in Alan Abelson's column, Fred Hickey of High 
Tech Strategist indicates he is SUPER SHORT Ebay at 89....calling it 
GROSSLY OVERVALUED.
I tend to agree 
here......some of these techs have run-up as though we are back in the days of 
1998. Earnings season is coming right up....let's see if there is any WALK in 
the big TALK that techs have been making.
Just got the 
annual report from a high tech software consulting outfit named CIBER.....and I 
can tell you there was NOTHING good in that report....it was downright bleak. At 
least they're not bullshitting like the others. And they even have a lot of 
government contract work.
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  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Kent Rollins 
  [mailto:kentr@xxxxxxxxxxxxxx]Sent: Thursday, April 10, 2003 3:30 
  PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Dan 
  Sullivan goes bullish
  eBay has continued to show amazing growth rates 
  bringing in REAL dollars.  I would not be surprised to see it continue to 
  grow at those rates for the next few years.
   
  YHOO on the other hand, I just don't get.  
  Granted I haven't looked thru all of Yahoo's services (they are fairly 
  diverse), but I can't see them morphing into any kind of real info-tainment 
  outlet that would produce the kind of growth rates required 
  to support a high PE.  They do have some businesses that bring in 
  real revenue.  I just don't know where the growth will come 
  from.
   
  Kent Rollins
   
   
  ----- Original Message ----- 
  From: <A 
  title=mar.ko@xxxxxxxxxxx href="">Mark Simms 

  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">RealtradersList 
  Sent: Thursday, April 10, 2003 9:25 AM
  Subject: [RT] Dan Sullivan goes bullish
  
  and goes long both EBAY and 
  YHOO despite 3-digit PE multiples !
  Anyone think this guy is 
  wrong this time around ?
  He's got a terrific long-term 
  record.
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  size=2> 






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