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.
Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sir Francis Drake who wrote (7070)1/28/2000 9:23:00 PM
From: Alohal  Read Replies (3) of 10027
 
Aloha Morgan! We had a discussion some months ago concerning the way Amazon promoted their stock value with PR & hype to leverage acquisitions. We disagreed as to the advisability of that strategy. I think we are beginning to get a glimpse of the consequences of Amazon's strategy as the stock and perhaps the company are beginning to unravel. Amazon laying off employees and taking about obtaining another 1B in new debt financing. Given how Amazon had pyramided their hyped stock, I believe we will witness a very bad ending for Amazon shareholders.

I still feel that NITE management is pursuing the correct strategy of simply crushing the numbers Q after Q. Eventually the shareholders will be rewarded.

As I said in our earlier exchange, I believe a company's management has an obligation to the companies investors (read long term shareholders) but virtually no obligation to short-term and day traders.

Make no mistake, I appreciate your posts very much, they are informative, provocative, well written and well thought out, for which I thank you. We will, I'm sure, continue to agree to disagree on thjis particular point. But I do believe we are in agreement that NITE is a wonderful long term investment. Have a nice week-end.

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