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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Allan Harris who wrote (9537)10/28/1999 1:08:00 PM
From: Kirk ©  Read Replies (1) of 15132
 
Agree. I tell many that Amazon is laying down railroad tracks that are covering the country and someday, they will be moving boxcars on the tracks that will earn them great income. The Question is "how long will they have to carry freight before they have paid off the track and earn solid income for track investors?"

I don't have a clue on that answer as they will not have a monopoly on the track and other train companies will cover the same territory. Thus I do not buy them.

I have NO PROBLEM with someone investing for 10 years before they make a profit. I was designing long wavelength fiber optic modules at HP starting in 1984 and that business didn't go profitable until mid 1990's. Now it is so profitable, that they have their own division to sell it and many I worked with went off to start competing businesses at other companies to drink from the trough that HWP, AT&T and a few others started.

Back to Amazon.... still too expensive for my taste but you make a good point. For my money, I'd invest in the unique internet biz models that the Amazons and Yahoo!s will buy to plug into their channels.... such as the one I am working at. 8)
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