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

To: Bilow who wrote (84149)	11/15/1999 8:03:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Hi Glenn D. Rudolph; I read the Barrons article too. What was missing was any numbers. They said that they valued AMZN as several discrete companies, but they didn't say anything about any of the numbers they used. Not the cost of funds, nor how much they expected each business to grow in the future or anything else, really. Numbers are the meat and potatoes. That was my point. The article said nothing at all. The article was also filled with crap thinking. For instance, they said that the Internet companies are only 6% of the US market, and that if the Internet becomes a big part of the economy, surely 6% is too little. This is crap thinking for several reasons. First of all, 6% is not a little part of the economy. Secondly, if the internet does become a big part of the market, it is not obvious why that big part shouldn't be split up by companies like Walmart that are already big. The article have no reason why a growth in the internet would go to Amazon versus the rest of the universe. In essence, the article all boiled down to the usual feel good crap. I doubt that it convinced anyone who has not already put his money where his brains are. Agreed!