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


To: marion (Hijacked) who wrote (4404)5/17/1998 3:48:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
I used to follow MF, but decided a year ago, that their ownership, caused me to doubt its ability to remain impartial.



To: marion (Hijacked) who wrote (4404)5/17/1998 9:22:00 AM
From: John May  Read Replies (3) | Respond to of 164684
 
Marion,

The parallels between Iomega and Amazon that the message you posted opined are lofty evaluation and low margin.

Amazon is a high beta stock. Lou Holland on WSW predicted Friday an 8% correction. In such a scenario AMZN might correct 25%, maybe more. It's the risk one takes with such stocks. It's what has appealed to the shorts sellers. Lofty evaluation has a downside. No one disputes this.

AMZN sells what is to BKS and BGP a low margin product, but AMZN's method of distribution is entirely different, so what may be low margin for others may not be so low for AMZN. The method of distribution is new and explosive - features that did not characterize Iomega's market.

What's being said on this thread today re: AMZN's valuation are the same things that were said when AMZN was selling for 80, 70, 60, 50, 40, and even 30. This is obviously more than just a short squeeze run-up. The Internet is making the difference, and that's where comparisons of Iomega and Amazon don't hold water.



To: marion (Hijacked) who wrote (4404)5/17/1998 9:37:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 

Investing in a common stock shouldn't be a love affair. Find a woman if you want to love
something, not this painted whore of a stock.


Or a man. We do not want to be sexist<G> Sheesh LOL:-)

Glenn



To: marion (Hijacked) who wrote (4404)5/22/1998 1:38:00 AM
From: H James Morris  Respond to of 164684
 
Please give Amzn some respect!
<AMAZON COM INC(AMZN)
Bid: 88 11/16 BidSize: 8 Open: 89 1/2
Ask: 88 3/4 AskSize: 10 Close: 88 5/8
Last: 88 3/4 High: 90 Div.: 0.00
Change: +1/8 Low: 87 5/16 Yield: 0.00
A.High: 100 P/E: 0.00 Volume: 283600
A.Low: 15 3/4 EPS: -1.51>