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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (65831)	8/5/1999 11:10:00 AM
From: Eggolas Moria	Respond to of 132070

I suppose so. But now there is a confluence of events involved in the current spiral. 1. Increased margin restrictions by "concerned" brokerage firms. 2. Increased scrutiny of day trading. 3. First significant whiff of doubt concerning the internet valuation metric (AMZN's declining revenues per new and existing customers coupled with a rise in customer acquisition costs from $13 to $20 per customer Q/Q). Blodget's 8/2/99 report on AMZN is quite intriguing. Ever the permabull, but significant concerns creeping into the analysis and the read between the lines is more fun than the actual writing.

To: Knighty Tin who wrote (65831)	8/5/1999 11:48:00 AM
From: Thomas M.	Read Replies (1) \| Respond to of 132070

#reply-10818778 #reply-10834935 Any thoughts? Tom

To: Knighty Tin who wrote (65831)	8/5/1999 12:11:00 PM
From: Freedom Fighter	Read Replies (2) \| Respond to of 132070

Mike, I think I just saw a weasel run down Wall St. with some futures buy orders in hand. Although it may have been a rooster disguised as a weasel. I'm not sure. I'm fairly certain it wasn't a human though. W

To: Knighty Tin who wrote (65831)	8/5/1999 2:07:00 PM
From: Eggolas Moria	Read Replies (2) \| Respond to of 132070

On another note, this is from Smartmoney's site: So it is with some trepidation that we introduce today's SmartMoney Internet Bargain Screen. On the one hand, everything's a bargain. After all, when a stock's fallen more than 50% from its 52-week high and revenue growth is touching triple digits, it sure looks pretty. On the other hand, some of these "bargains" are still more than double or triple their 52-week lows. And nobody really knows what a fair price is for these stocks, since the metrics were made up on the fly to justify stratospheric prices. Don't you just love the last sentence.