SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allan Harris who wrote (9051)10/2/1999 10:04:00 AM
From: Kirk ©   of 15132
 
Then again, I'm only in it (the market), for the money.

LOL Allan! You don't like the religious aspect of it, eh? 8)

Wall Street Week. Of course, a positive plug on that show is often a near term kiss-of-death as happened to HWP after two of three elves said they liked the stock two weeks ago (musta had all their shares ready to sell to viewers if I think like Justa...), but you have to take notice to what was said Friday.

Anyway, last night one of the best VC (venture capital) minds on the planet, Doer, said on WSW that he liked Amazon and Msft. Said that when we look at p/e we are looking at "old news in the rear view mirror" and you need to look at what they will do in a couple of years going forward. IF I was to read his picks and follow your/my strategy of buying great growth companies on dips, then perhaps Amazon and Msft are close to raging buys? (I am not saying I agree, I am just following out logical thinking).

Compare Amazon to a railroad. Much money went into laying down track before they were profitable. Today we call it a "sales channel" when speaking of Amazon. Now Amazon needs to just "bolt on" profit centers similar to how a railroad just fills boxcars. I don't own the stock, but the logic seems somewhat valid.

Interesting market for sure. I agree in that I am not that excited about getting a 10% discount on colored sugar water or razor blades when technology drives the economies of the world.

K
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News