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

To: GST who wrote (62976)	6/16/1999 8:16:00 PM
From: Mark Fowler	Respond to of 164684

wireless in Japan includes a ton of email messaging (pagers are a dead business) and more digital devices for getting on-line. This is how the internet is going to hit Japan<< I agree with this Yhoo has Msft type margins and has just begun to reap from overseas markets i think Yhoo will do great coming out of this correction and you should buy Amzn while it's on sale.

To: GST who wrote (62976)	6/16/1999 10:03:00 PM
From: Winston Lee	Read Replies (1) \| Respond to of 164684

GST, Good point regarding YHOO and Japan. Also consider what happens if the Japanese were to buy YHOO shares, after Softbank-NASDAQ tieup is implemented. The last time I checked, Yahoo (Japan), a listed company in Japan, was trading at about $400,000/share. Yes, that is a correct number, not a typo. I don't remember the number of shares outstanding, but I think the market cap might be around $5 billion. There is still tremendous amount of money flowing around, especially at the institutional/pension level, around in Japan. Even if a tinest minuscle of that flowed into the US internet sector, the internet stocks would easily triple from the current levels. Companies like YHOO AMZN and MSFT are household names in Japan. If anybody thinks internet stocks have nutty valuations, you haven't seen anything like the Japan's Bubble Economy during the late 1980s - I heard that largely shell companies with loadful of debt could gain $1 billion market cap just by announcing intent to develop a project in Hawaii. Now, THAT is an insane valuation. Regards,