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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (78077)3/17/2000 9:44:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 132070
 
Earlie, I presume your observation is quite correct, but it also reminds me of a story about a shoe company sending a salesman to Africa to establish distribution. The guy land at the airport, looks around and finally finds a way to calls back the head office and says, there is no market, everyone is going barefoot. The company sends another guy, and he wirelessly e-mails the office, what a great opportunity, it is still a virgin market, no one uses the stuff, ...yet.

Now, don't for a second think that I am bullish on AMZN (VBG). If it get back to $85 on this rally, it should be shorted (by those brave souls still practicing this forgotten art).

As for our usual bone of contention, RMBS, it has turned into a great day trading stock, but I believe it is on its way to the low $300, the long term bull case, as far as I can see, is still intact.

Zeev



To: Earlie who wrote (78077)3/18/2000 11:49:00 AM
From: Knighty Tin  Respond to of 132070
 
Earlie, Internet sales are about to explode and I expect them to be about to explode for the next couple of decades. Alas, internet company, as opposed to stock, profits, will implode forever. <g>