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


To: greenspirit who wrote (3527)4/28/1998 2:54:00 AM
From: DarrenS  Read Replies (2) | Respond to of 164684
 
Yahoo is still odds-on favorite internet pick. What other
"Web-database" development companies did you have in mind?
I think conventional database companies that make their
wares internet friendly have a lot to get from the web.
Oracle for one will surely have its day again.



To: greenspirit who wrote (3527)4/28/1998 10:51:00 AM
From: Brett Behm  Read Replies (3) | Respond to of 164684
 
<< Amazon went from 16 million is sales to nearly 90 million. Just think what an accomplishment that was. >>

And they only lost 9 million getting there. I was thinking about starting my own internet commerce company called CashWeb. What I will do is sell 1 dollar bills over the internet for 99 cents. CashWeb sales will blow the doors off of Amazon's and I will have a much better return (I will only loose 1% + expenses which I can keep well below 10%). I'll go public with a float of 2 Million shares, keeping 23 Million for myself and the company. When the stock reaches a Market Cap of 20 Billion (I'll be bigger than YHOO), I will buy out real companies like the entire US Steel market growing my profits and revenues even higher.

Like some of you already know, AMZN is just a mediocre company with an unjustified market cap. A couple of years from now this stock board will have a couple of posts a day and we will be on to the next great hype.