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Technology Stocks : Hello Direct (HELO) - an overlooked internet beneficiary
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To: Sid Turtlman who wrote (120)1/5/1999 11:57:00 PM
From: Phil(bullrider)  Read Replies (1) of 153
 
Sid,

Thanks for your post.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Internet stocks never make money, so people value them on sales -- even a modest
three times sales would have the stock close to $50 this year.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Sid,

A major thing you are forgetting, is that "investors" are basing the valuation on the "internuts" on hits.

Not sales, and most definitely not profits, because at present AMZN is losing money on every sale they make.

As I stated previously, I believe in the business, and the plan, and unless the short sellers show up and give me reasons to sell, and sell short, I'll stay long.

And I definitely won't sell because of one unhappy customer.

Have fun,
Phil
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