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: Mark Fowler who wrote (79028)	9/29/1999 4:00:00 PM
From: DanielleC	Read Replies (1) \| Respond to of 164684

Looks like a big open for tomorrow! Sold off to about $79, and came back strong! May be looking at $90 + tomorrow IMO!

To: Mark Fowler who wrote (79028)	9/29/1999 5:39:00 PM
From: GST	Read Replies (2) \| Respond to of 164684

Mark: Companies are under pressure to 'do something' about developing a net strategy. Starbucks, a company that one might think does not need a net strategy, spent over 100 million on their web strategy and reported poor financial results last summer as a result. The company dropped a lot -- I think they lost about 25% or more in market cap in one day -- because everybody wondered what in hell they were doing spending so much money on their 'net strategy'. I think what AMZN did today was to leverage their brand by offering to help companies deal with their 'net strategy' without losing their shorts -- a win-win. Having said that, if I owned AMZN I would have cashed in on the announcement today -- wow, 79 million shares traded. But I think this new thing for AMZN is a very big deal and one that will cause me to re-evaluate my attitude. I think it ensures their survival.