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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Allan Harris who wrote (9537)	10/28/1999 12:57:00 PM
From: Jeffrey D	Read Replies (1) \| Respond to of 15132

The pros did poorly in the 3rd quarter on their top stock picks. Hmm.... I wonder how our favorite professional stock picker, Raven the monkey, did during the quarter? <g> jeff << Pros' Picks In 3rd Period Took A Beating -------------------------------------------------------------------------------- A survey of the top fifteen brokerage houses' top stock picks for the third quarter shows that only one firm, Prudential Securities, showed a positive return. Eight of the fifteen beat the Standard & Poor 500 Index, but that index was down 6.24% for the period. Technology stocks highlighted the winners, with Oracle, Gateway and Atmi coming in on Prudential's list. Lehman Brothers is the overall leader for the last twelve months, while Prudential is currently fourth. Lehman's top performers for the quarter were Intel, General Instrument and Microsoft, with applied Materials, Converse Technology, and MCI WorldCom coming in as the best over the last twelve months. Other large movers for other firms in the quarter were Nextel, Sun Microsystems and Apple Computer, with AT&T the exception among tech stocks. Goldman Sachs and Credit Suisse First Boston are currently second and third on the list, although Credit Suisse posted the third worst quarter. Their top performers for the quarter were Nextel and Voicestream, respectively. >>

To: Allan Harris who wrote (9537)	10/28/1999 1:08:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 15132

Agree. I tell many that Amazon is laying down railroad tracks that are covering the country and someday, they will be moving boxcars on the tracks that will earn them great income. The Question is "how long will they have to carry freight before they have paid off the track and earn solid income for track investors?" I don't have a clue on that answer as they will not have a monopoly on the track and other train companies will cover the same territory. Thus I do not buy them. I have NO PROBLEM with someone investing for 10 years before they make a profit. I was designing long wavelength fiber optic modules at HP starting in 1984 and that business didn't go profitable until mid 1990's. Now it is so profitable, that they have their own division to sell it and many I worked with went off to start competing businesses at other companies to drink from the trough that HWP, AT&T and a few others started. Back to Amazon.... still too expensive for my taste but you make a good point. For my money, I'd invest in the unique internet biz models that the Amazons and Yahoo!s will buy to plug into their channels.... such as the one I am working at. 8)

To: Allan Harris who wrote (9537)	10/28/1999 8:16:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

Allan: Re: "I don't own AMZN, never did, but I do buy books and music from them and much more frequently then I ever imagined. For me it is ease of use, secure net buying and prompt, reliable delivery." I get the same stuff at buy.com for less. Re: "Sure, there may be sites where I could save a couple of bucks and get a comparable shopping experience, but, it is not worth my time to experiment elsewhere." Instead of typing in amazon.com, I type in buy.com and I get the same stuff for less. Imagine that. "This stock is up 7,000% in the past two years, yet the mass pessimism continues, unabated." I get the same stuff at buy.com for less. Hey, it is not still too late to jump on board. Give Stewart a call <g>. Re: "It's not about earnings. It's about people like me. It's about market share and it's about eyeballs." Sorry, but that argument is losing its appeal with the analysts today. Read their comments. The novelty of net shopping at least is wearing thin on them. They want to see profit potential and a focused business plan. But maybe they will change their minds tomorrow.