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


To: Glenn D. Rudolph who wrote (136338)1/1/2002 7:16:26 PM
From: Mark Fowler  Respond to of 164685
 
Glenn i didn't say that nor did i imply that Next time i invest in a stock i'll keep my damn mouth shut -- Have good yr. I'm outa here for good.



To: Glenn D. Rudolph who wrote (136338)1/1/2002 10:54:22 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164685
 
>>I thought I had proven myself quite well in that area.

It's not about that. You're educated, experienced and successful.

You could be directionally right but absolutely wrong, and you're betting to be absolutely right.

The Internet is all about electronic switching. Once users congregate on a platform then all that is needed is specific switching to take them anywhere. You saw that with yourself.



To: Glenn D. Rudolph who wrote (136338)1/2/2002 7:54:38 PM
From: H James Morris  Read Replies (1) | Respond to of 164685
 
Glenn, why don't you short Kmart??
Ps
Amazon doesn't have parking lots to worry about.
>>The US retail discount chain Kmart saw its share prices plummet after a leading analysts said: "Sell".

Kmart just seems to be the third choice for consumers behind Wal-Mart and Target because they have cleaner stores, they're more modern, even better parking lots

David Sowerby, portfolio manager for Loomis Sayles
Prudential analyst Wayne Hood caused near panic among investors by saying he "would not be surprised if the company were to file Chapter 11 bankruptcy if trends do not improve".

The company's share price lost more than 13% to its lowest level since the early 1980s.

"You can safely, politely characterise it as a deeply discounted value stock," said David Sowerby, portfolio manager for Loomis Sayles.

"Kmart just seems to be the third choice for consumers behind Wal-Mart and Target because they have cleaner stores, they're more modern, even better parking lots."