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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (4055)	4/29/1998 6:43:00 PM
From: OldHack	Read Replies (1) \| Respond to of 29382

Max. Hope you don't mind if I join the hot air club. I agree with you on many of the IPOs and the internets. There are some shrewd MMs and pros licking their chops and lining their pockets with gold at the expense of us little guys right now. If they don't pull the plug, a market correction almost surely will. Stocks with foolish multiples or no earnings at all are the first to plummet when a bear growls. That's not to say all internet related stocks are bad. The net is supposed to be growing at a 70%+ annual clip. It would be almost foolish not to try to find a company or two to ride that kind of growth. Think I might guess internet shopping could become really big business. It is in its infancy now. Wait until some really good marketers dress up some nice sites; ship at more or less factory direct prices; and develop reputations for good service. Heck, I'd buy. In fact I guess I have (a magnetic back belt). There will probably be internet malls, car finders, insurance companies, etc. For better or worse, the future seems awfully electronic right now. Thanks for the note, OH

To: LTK007 who wrote (4055)	4/29/1998 7:09:00 PM
From: Carole	Read Replies (1) \| Respond to of 29382

Max I found one of the articles I was looking for - The Rise and Fall of the American Mall. There is one more I have yet to find, which is more pointed as to the direction shopping is taking. In my town, you could shoot a cannon down the hallway of a mall and not hit anyone. A friend of mine owned an independent music store in our most popular mall. Her lease contract stipulated that she had to spend $60,000 each year upgrading her shop which was long and narrow like most CD stores. There was no way she could find areas to spend that much and prove to the management that she had complied with her lease. Imagine what the larger stores had to spend! Enter the discount stores - selling CD's for less than her cost. Cheap CD's, but no personal service. That's just part of the story, but you get the picture. Here's the link... another link to follow when I find it. cnn.com

To: LTK007 who wrote (4055)	4/29/1998 10:23:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 29382

max people rather go to malls,etc. that does not sound like someone who lives miles from civilization talking. LOL Seriously though. many people are already into shopping from home. the popularity of mail order is at all time highs. I foresee nothing but great advancements in internet speed. This will lead to more dramatic shopping experiences on the internet. Virtual reality will also aide in the commercial end of the internet. Computer salesfolks if you will. People make a mistake to sell the internet short. I do feel the recent runups on some of the internet companies is a bit overblown but there are many which will look like bargains in less than 10 years. The internet is linking the world which is giving people voices, which gives them power. It is the tool which gives businesses the opportunity to enter markets which were only dreams in the recent past. IMO an investor should be very careful to discount the internet and its power. ht david