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: Robert O who wrote (77293)	9/13/1999 7:10:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Washington state stock index up 86 pct in first year SEATTLE, Sept 13 (Reuters) - An index tracking shares of the 100 largest publicly-owned companies in Washington state rose 85.6 percent in its first year, its publisher, Northwestern Trust and Investors Advisory Co., said on Monday. The Washington 100 Index includes many established companies like Boeing Co. <BA.N>, Microsoft Corp. <MSFT.O>, Weyerhaeuser Co. <WY.N> and Washington Mutual Inc. <WM.N>. But Northwestern attributes much of the index's explosive growth to the broad array of technology pioneers in the Puget Sound area, including Amazon.com Inc. <AMZN.O> and Go2net Inc. <GNET.O>. "In the not-too-distant past Washington's basic economic core only included Boeing, paper and forest products and agriculture. The ... index highlights the growth of these sectors and also celebrates the new, hot local technology sector," Northwest Chief Investment Officer Peter Glidden said. Like its much bigger cousin, the Dow Jones industrial average, the Washington 100 is price-weighted. If it were pegged to each company's market value, like the Standard & Poor's 500, the index would be heavily dependent on the movements of software giant Microsoft's stock, Northwestern investment associate Kevin Nicholson explained. Seattle-based Northwestern currently operates a fund that mimics the Washington 100 Index, but it currently serves only qualified employee benefit plans like 401(k)s and has assets of just $500,000. The privately-held trust company is considering converting that fund into a mutual fund open to all investor types, Nicholson said.

To: Robert O who wrote (77293)	9/14/1999 2:50:00 PM
From: Cap_Loss_Cfwd	Read Replies (1) \| Respond to of 164684

>>Of the last 6 books I bought from AMZN, I have started just one!<< The opposite of pent-up demand is excess supply?? I wonder what percentage of books sold by all of the Internet booksellers in the last year have been read? I think the same type of situation will exist with Ebay. When you first start using these services you are hooked by the ease with which you can buy "stuff" you never knew existed and never knew you needed. It seems that people buy things based on an unrealistic optimism that they will somehow find time to use them (or read them).