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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%Dec 9 3:59 PM EST

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To: Bill Harmond who wrote (51096)4/18/1999 3:46:00 AM
From: KeepItSimple  Read Replies (3) of 164684
 
Surprise, surprise. Revenues are up at silicon valley companies, while profits fall through the floor.

sjmercury.com

Hmm. Wonder if Amazon knows anything about this?

Face it: the internet makes it easier to have a greater aggregate total of units sold, but the internet also makes competition unbelievably easy and shrinks profits.

But hey, what's a little thing like shrinking profits? Let's double those net companies stock again! After all, we're all investing in them so they have to go up. If the fed can bail out Long Term Capital Management when they nearly lose a trillion dollars, they can certainly bail me out of the poorhouse when I mortage my trailer, wife, dog, and shotgun for a few more shares of EBAY and Amazon.
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