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Technology Stocks : 3DFX

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To: Sun Tzu who wrote (10033)1/7/1999 2:51:00 PM
From: Scott Garee  Read Replies (1) of 16960
 
Sun, before you short, don't forget that with market caps like these they can buy profit for stock in a heartbeat. They could walk around scooping up smaller profitable companies for months and it would only cause their share price to soar even higher. I just heard a sob story about some poor bloke who shorted AMZN on Friday expecting them to show another loss. Guess what? They did and are now up nearly 50% from Monday's low. He lost nearly a year's pay. I guess he'll have to wait a couple more years before he retires.

AMZN now has significantly more market cap than Sears. At this rate they'll be bearing down on Wal-Mart by summer. Just think if Sears, instead of dumping the catalog business, had moved it to Internet. With their name they would be sitting on a $500 share price. Sears is a great income investment. Sears.com would be explosive.
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