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

To: Glenn D. Rudolph who wrote (8814)	7/4/1998 2:41:00 PM
From: Lorare	Read Replies (2) \| Respond to of 164684

Hi Marion, we get your point. You wouldn't happen to be short this stock, now would you?

To: Glenn D. Rudolph who wrote (8814)	7/4/1998 5:31:00 PM
From: jach	Read Replies (2) \| Respond to of 164684

<<Six Billion Dollar Stock>> and the new wave of investment strategy most high-tech stocks are at or near their 52 wks lows, look at intc, altr, orcl, amat, lsi, etc. etc.; more so for the small caps. Of a few hundred silicon valley stocks, only a handfull of high-tech stocks are near their highs and most (~90%) are down in the dumps. Looks like most high-techs are not enjoying with the overall mkt. Exception to this is the Internet related stocks. The new y2k investment strategy seems to be to go for the highest PEs (in fact the new strategy now is the higher the better) or negative PEs as long as the company said or just hinted that ther're doing business on the Internet. It's the "y2K Turbo-Charged Momentum Investment Plan" - the pitch is something like - put 10$ in 98 and will be a million$ in yr 2000. Beats the hell out of the dogs of the dow.

To: Glenn D. Rudolph who wrote (8814)	7/4/1998 6:34:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (1) \| Respond to of 164684

I bet a couple of Billion in losses have been racked up by the shorts on this one. The multitude of orders from THE PEOPLE are beating the heck out of the Pro's who are betting against these stocks.Now a good part of the Momentum is due to binge short covering that occurs as the shorts are ENTRAPPED at various levels.If there are 30 million users to 40 million users on the net then there are probably at least 20 million that are familiar with key Brands such as AMZN AOL YHOO NSCP SEEK LCOS XCIT CMGI AND OTHERS...God help the shorts if every day a few hundred to thousand new Players enter these stocks....GRIM has Spoken...I have more vision than Buckminister Fuller ever had.....hahaahahaha