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


To: Bill Harmond who wrote (66399)7/6/1999 12:18:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>You tell me, HJ. Are the Internet stocks worth $300 billion? <<
William, if we include the Internet Infra-structure stocks like Cisco,Lu, etc. My answer is yes. I'm assuming that your not into these kind of $money making machines.
Ps
I do know you like Amat. That's good.



To: Bill Harmond who wrote (66399)7/6/1999 12:20:00 AM
From: Lizzie Tudor  Respond to of 164684
 
Nope, you are correct William. Steve Harmon did a little experiment except he was comparing "all" (translation - well known) internets vs. Microsoft. He did not include infrastructure inet companies like cisco. Anyway at that time there was aol at 100b, then yhoo and amzn then 30b or so and everybody else was under 10. Msft was 350 billion so it was larger than all inets combined. That was a pretty convincing argument in defense of yhoo/aol/amzn mkt cap (for me anyway).

BTW the millionaire next door was beaucoup lame. But hey, if I ever want a lesson in negotiation in saving 2K on a used car purchase... it fills the bill