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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.96-1.6%10:35 AM EST

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To: microhoogle! who wrote (119697)3/8/2001 10:32:03 PM
From: schrodingers_cat  Read Replies (2) of 164684
 
>YHOO in hindsight looks stupid after AOL/Time Warner merger.

I have mixed feelings about this. It made a lot of sense to exchange over-valued stock for hard assets, although there was nothing to stop astute shareholders from doing this for themselves.

OTOH I think AOL/Time Warner is so large and diverse as to be unrunnable as a business. Time Warner never created a whole lot of value for the stockholder and I think the new company will probably do even worse.

P/s on AOL is 16 and p/s on Disney is 2.5. This suggests to me that AOL has a lot of room to fall.

YHOO's asset is they provide a good service to a lot of people and they have a great brand. Their problem is that they don't get paid for it. If they could find a way to charge a modest fee to their users then they could do very well.
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