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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: thomas hayden who wrote (61486)6/10/1999 4:25:00 AM
From: H James Morris  Respond to of 164684
 
>>However, can BNBN out perform AMZN, the answer is probably.<<
Good post. I thought of buying some BNBN, but I don't think so.
I think that the mania for on-line shopping stocks has seen better days, and savvy investors are started to get fixated on profits, rather than just revenue growth.
If Bezos hadn't started giving his books away, there'd be no BNBN today.
I own a few shares in B&N, and I'm glad they spun off BNBN. I like the fact that the losses that BNBN creates won't be sucked out of the core company.
Those losses will be picked up by the investors that joined the "Got to have an Internet stock @ any cost" herd.
Ps
I must admit that $16ps, looks pretty cheap for an Internet stock, but so does Eggs. Is that the result of a dozen splits, or is it just bad timing??