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: i-node who wrote (89247)	1/1/2000 12:08:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

>The accumulated losses are immaterial when considered next to the growth >potential for this stock. Funny, I think that quote was taken directly from the research report by Morgan Stanley regarding Boston Chicken. Amazingly enough, Morgan Stanley waited until the afternoon that BOST declared bankruptcy to downgrade it from a "strong buy" to a "sell".. >I suspect the same critics wouldn't complain at all if a major drug company > took similar losses in developing a cure for cancer. Exactly how old are you? Every biotech company under the sun predicted a cure for cancer, and for a while investors believed it. After a few years, when it became clear they weren't going to deliver, the entire sector self destructed into a chaos of bankruptcy and fire-sale mergers. >Yet the prospects for future profits may well be on that level. If you think the governments of the world would allow ANY biotech company to profit massively from a cure for cancer, you're just insane, or stupid. The company, process, and methods would be instantly nationalized. And even if that didnt occur, the process would be reverse engineered (or did you forget that in order to get a US patent, you have to detail the manufacturing process?) in every other country in the world that doesnt observe US patent laws, thus destroying the "infinite" profit possibilities. A plane ticket to the cayman islands and get the cure for $100 bucks, or $20,000 to have it done in the US? Here's 25 cents. Come back and post when you buy a clue.

To: i-node who wrote (89247)	1/1/2000 2:00:00 PM
From: H James Morris	Read Replies (3) \| Respond to of 164684

>Me, I hope it goes to 30, because I'll be mortgaging the house... Why wait until 30? Any guy who would mortgage his house to buy ANY stock is either (a) dumb (b) chronic gambler (c) has more balls than brains (d) is suicidal (e) doesn't understand the value of money (f) has stopped going to gamblers anonymous (g) is about to leave his wife, and kids in one hell of a mess (h) is a blind optimist (i) All of the above Ps But if you still plan on mortgaging your house after reading this. Buy Wal-Mart. Why buy the next Wal-Mart when you can buy the real thing?

To: i-node who wrote (89247)	1/1/2000 8:24:00 PM
From: brad greene	Read Replies (1) \| Respond to of 164684

David, I think Walmart is the next Walmart. Amazon may be the next K-Mart.......That's what some informed analysts will be saying shortly. Walmart has very deep pockets and a powerful partner. They can grab 70% of the new customers for next Christmas....offer better pricing......same day pick up.....free shipping......and so on. They could buy up 1/2 of the advertising space of next year's Thanksgiving day NFL games.......loose a bundle.....and just wink. And...... In light of AMZN's financial condition.....I would not mortgage your house to buy this stock. I hope you were not serious. In fact....I would be careful even using margin here. Jeeesh..... this is the "modern capitalist maverick" problem. Going into debt to buy speculative stocks can lead to disaster. bg