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 199.45-2.2%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: H James Morris who wrote (110728)10/19/2000 10:38:58 AM
From: Eric Wells  Read Replies (1) of 164687
 
Eric, could the clowns be wrong?

James - I don't put much faith in the clowns - and in truth, I don't like Ariba because if you look at their financial statements it looks like they are getting cash to fund their operations through deferred revenue obtained from customers to which they have granted warrants on their stock. That being said, I don't think the Nasdaq will continue go down (at least not for the remainder of this week) and even though ARBA is down today, it will probably rebound (how can the Nasdaq go up and ARBA fall?). It seems like we may not get any more bad earnings news - most of the big companies have reported - and things appear to be stabilizing in the Middle East (with oil prices coming down some). So, who knows, maybe Danny was right, maybe we have hit bottom for now. I bought some AOL, BRCM and ISLD calls today - while I think BRCM is over-valued, it seems to have greater immunity to negativity than just about any stock on the Nasdaq. I may hedge my positions with some puts on the same securities.

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