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.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.69+0.1%Nov 19 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric Wells who wrote (68553)7/21/1999 3:44:00 PM
From: KeepItSimple  Read Replies (2) of 164684
 
> Am I missing something with MPPP?

Yes, you are. The average retail daytrader knows NOTHING of the technicalities or fundamentals of mp3.com. All he knows is that kids these days really like to listen to "mp3" music.

That daytrader assumes mp3.com owns the rights to mp3s, or invented the file format, or gets a cut of the profits whenever an mp3 is sold.

That daytrader does NOT know that mp3.com was just a domain name that michael robertson happened to register a few years ago. He also registered "filez.com" and "appz.com" and a dozen others.. This domain obviously struck the motherload, since Michael has 25 million shares. At one point today, he was worth 2.5 billion dollars.

Don't fight the mania. Profit from it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext