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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 239.12+0.4%Jan 16 9:30 AM EST

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To: Glenn D. Rudolph who wrote (28655)12/1/1998 5:51:00 PM
From: zax  Read Replies (2) of 164684
 
>AMZN was cut by Everen Securities today, based on valuation:
biz.yahoo.com

Peter,

Thank you for the heads up.

Glenn


Glenn -

I've been making a huge killing on KTEL thus far.

As I see it, the 10 Billion plus valuation of Amazon puts strong upward price pressure on the valuation of KTEL.

With a market cap of less than $150M, a private music catalog, a history of innovative marketing strategy, and fresh deals with Playboy and Microsoft, all bodes well for the stock by me.

In the real world, K-tel is better known than CD-NOW (which has over twice KTEL's market cap).

I also believe that the rebound of the stock will help the company privately raise sufficient capital to take care of the tangible asset issue... I gotta believe that Nasdaq wants the company's it lists to succeed.

Best regards,

-- Eric

P.S. The DogPort internal rate of return now exceeds 58% :) <bfg>
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