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


To: re3 who wrote (75541)8/27/1999 10:35:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>what is left to think they are doing ?

Up until now, making a lot of money.

I never mastered the skill of being able to speak highly of something I didnt actually believe in. Some people can do it, I cant. I can tell you the internuts are for the most part finanically engineered scams, but that doesnt stop me from buying them when I think I can make a buck.

At least i'm honest about participating in the mania!



To: re3 who wrote (75541)8/27/1999 10:56:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>- yet i can't see how these businesses will make any money at all, let alone enough to justify the p/e's or gosh, pay out DIVIDENDS some day <<
DIVIDENDS?? Did you know that I have a $bundle in PMC with an average cost of 8? It pays me an almost guaranteed 12%, and no one wants to buy it.
Do you know why no one wants to buy it? PMC doesn't have any pimps pimping it.;-)



To: re3 who wrote (75541)8/27/1999 11:36:00 AM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
>>3) people like our friend William who seem to believe in these stocks

>>its # 3 that concerns me...i can't know if they are geniune about their belief in these stocks and perhaps they are...i just presume that most if not all these people are very bright and experienced in business matters - yet i can't see how these businesses will make any money at all, let alone enough to justify the p/e's or gosh, pay out DIVIDENDS some day ...i often forget that perhaps people can just attempt to put people on...since i can't understand how anyone would go for amzn or ebay on fundamentals, what is left to think they are doing?

I've been lucky to have spent my career in television and advertising. It helps to understand leveraged operating models.