Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric Wells who wrote (68078)	7/17/1999 3:11:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 164684

Eric, Thanks for the analysis. This is the stuff I do and you saved me a lot of time. My conclusions are different. If this was one company with a near monopoly on the future of the net selling at the same p/s ratio as msft and growing at 300%, I would LOVE to buy it! I would simply hold it forever and own csco, orcl msft, nokia and qcom also. The market will get less and less patient with the poor profits from the net. This will lead to a slow erosion of those pe's while more and more profits occur: e go up, pe's go down. They will meet somewhere at a reasonable peg: 3x growth 300 pe or 2x growth 200 pe for example. It will take some time. I wild ass guess would be 5-10 years.

To: Eric Wells who wrote (68078)	7/17/1999 3:18:00 PM
From: Robert Rose	Respond to of 164684

Excellent post, Eric. Of course the revenue growth differential between the dot and msft may explain some of market cap discrepancies you point out, but I doubt that would explain all of it. The rest I would attribute to investor psychology.

To: Eric Wells who wrote (68078)	7/17/1999 3:42:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Eric, very good post. I appreciate that you took the time to do it. You mentioned Aol. Do you know that most of Aol's paying advertising clients are .com's that wouldn't have the $cash to pay them, If they hadn't got the $money from the public like me, that are financially enjoying this mania? This is my advice for what its worth. (1)Throw out fundamentals (2)Don't fight the tape/trend (3)Buy Internets,especially the new Ipo's, and even better if you can get them from the sluts, before they hit the public. (4) Don't buy old 2nd tier Internets (5) Don't be on margin.(6) If the DOT ever became a CMGI, don't buy it. Ps What's the difference between Cmgi, and the Dot?

To: Eric Wells who wrote (68078)	7/17/1999 3:59:00 PM
From: John Donahoe	Respond to of 164684

thanks Eric.

To: Eric Wells who wrote (68078)	7/17/1999 8:24:00 PM
From: E. Davies	Respond to of 164684

Worth noting that while MSFT (and every major market average) is breaking out to new highs the DOT is 170 points from its high, lower than levels from 3 months ago, and looking like it might be ready for a downturn. Internet stocks are gradually losing their premium just because they are .coms. The internet is now a relative underperformer. Eric

To: Eric Wells who wrote (68078)	7/18/1999 3:52:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Thanks Eric! May I add three more columns: Outstanding Float Short ------------ ----- ----- Amzn - 162M, 63M, 13.5M Aol -- 1.1B, 790M, 25.3M Bvsn - 25.3M, 10.6M, 1.5M Cmgi - 95.3M, 6M, 7.2M Chkp - 35.4M, 23.7M, 1.0M Eggs - 30.7M, 27M, 3.5M Egrp - 233M, 128M, 17.0M Athm - 251M, 65M, 30.0M Seek - 62M 28M, 1.6M Inkt - 49M, 32M, 1.8M Lcos - 44M, 30M, 1.5M Macr - 43M, 30M, .5M Mspg - 61.4M, 44.8M, 5.6M Neta - 138M, 116M, 6.6m Onsl - 19.6M, 6.5M, 3.6M Omkt - 36M, 11.5M, 3.4M Rnwk - 71.5M, 17.9M, .7M Sdti - 38.9M, 17.9M, 2.1M Uswb - 74.2M, 53.4M, 2.6M Yhoo - 204M, 81.7M, 9.3M