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 : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (9448)	4/9/1998 4:11:00 AM
From: H James Morris	Read Replies (2) \| Respond to of 13594

Steve, Yes your correct, right now Wall Street is betting on Aol, Yhoo and Amzn as being growth stocks because of all the TON'S of $$$, advertising that these stocks will pull in. A year or two down the road, I don't buy it! But right now every 25 tr old stock broker, is convincing your GrandMa, to put her hard earned retirement into these internet plays, because they CAN't loose!! Example! Today Amazon.com goes up on the Yhoo announcement.They made .08cps, .05 diluted. @ $100ps, who in the hell would buy this stock if they only took, accounting 101? After the close, the Ceo of Borders (No2, to Barnes & Noble) comes out and says, 'How B&N paid $40mil to Aol, to advertise their products blows my mind, there's just not enough profit in the book business to justify this' he then goes on to say this internet advertising hype will pass. The bottom line is Wall Street is hyping the advertising expected revenue. But for a while buy, buy,buy. The real skill here, will be know when to leave and THAT I can't help anyone with.