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To: waverider who wrote (78577)	8/14/2000 9:18:23 PM
From: puborectalis	Respond to of 152472

Look at last paragraph........Is Amazon Dead? by Cheetah 08/14/2000 Companies mentioned: Amazon (AMZN), Yahoo (YHOO), AOL (AOL), and Qualcomm (QCOM). I just can’t take it anymore! Look everybody, I love and believe in the Internet! I started investing in it years ago even before it was the rage. Everyone laughed at me. I can hear them now. These aren’t real stocks, this is tulip mania, they don’t even have earnings. But I didn’t listen. I cherry picked my companies in the Internet. To me there were three companies that stood out and I believed in them. Yahoo!, AOL, and Amazon, they were all in a class by themselves. No other companies could compare to them. All the other companies were wannabees that were destined to fail. The big three had perfect business models that their managements were executing, and they were destined to dominate for years to come. Well times have changed. Yahoo! and AOL have definitely won, and AMZN is in critical condition. I have waited and waited for them to turn the corner and they just haven’t. We keep hearing about their potential to be profitable, but we just keep seeing more and more red ink. This company is having so many problems. Numerous analysts are downgrading AMZN after another poor earnings report. They lost a whopping $720 million last year and are more than $2 billion in debt. To top it all off, executives are leaving for other companies. Without a doubt AMZN has made too many bad decisions on where they have invested its capital. To this day, AMZN is still more interested in spending and expanding into new markets than trying to turn a profit. They seem like they want to sell everything on the planet at their site and this is by far their biggest problem. Their money-maker has always been books, music, and videos. But when they decided to go outside this realm they started having major problems. I feel to survive, that AMZN needs to scale back their product line and try to get their house in order. I always thought in the end that Amazon would end up buying Kmart or Wal-Mart. I got it wrong. If they don’t get their act together fast, they are going to need a white knight to come along and save the day. The one company that I think could pull off this task would be Yahoo!, the true king of the Internet. So is Amazon dead? No, but they are definitely on life support. Even with the interest rate hikes that we have experienced, technology companies have just reported another strong earnings season. I continue to feel that the technology sector will continue to generate these high rates of earnings growth well into 2001. Don’t be fooled, this bull market is not over. I bought some Qualcomm (QCOM) this past week. It has gone through a major correction and I feel that all of the bad news is out for this company. I expect to see a major move up in stock price over the next year. As always, have a great day! Cheetah!

To: waverider who wrote (78577)	8/15/2000 6:21:23 PM
From: Boplicity	Respond to of 152472

not so fast <<TelCom Semi warned that third-quarter results would be flat or slightly down compared with the previous quarter due to weak sales to wireless customers. Analysts surveyed by First Call had expected TelCom to report earnings of 24 cents per share, on average, on Oct. 23. During the previous quarter, TelCom reported earnings of 26 cents a share. TelCom had expected sequential growth of 5 percent. According to a company statement, TelCom now expects sequential growth of 5 to 8 percent beginning in the fourth quarter. "The dynamics surrounding the wireless market are fluctuating more than we had anticipated," said Bob Gargus, TelCom's chief executive. "Product transitions, mix changes associated with customer models, and excess customer inventory positions have contributed to weakening order patterns. Lowering revenue expectations is clearly disappointing, but we anticipate that this is a one-to two-quarter phenomenon.">> You will see more of this kind of announcements once the public gets a whiff of what 3G has to offer. Greg