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: Tom Kearney who wrote (8925)	7/5/1998 8:59:00 PM
From: jawd	Read Replies (5) \| Respond to of 164684

Hi Tom, True - the shorts passion for AMZN provides enough material for a book! >>> I'm still buying. Tomorrow, loadin' up on NSCP. FWIW - Just be a little bit careful with NSCP - it has the stigma of being both a "has been" and a "wanna be". Its cult following hates Microsoft - it has a minority appeal, not mass appeal. I suspect it will not be in play for more than a couple of days. I don't see it being bought by a media company - not glamorous enough. But maybe bought by Sun - which would be a mistake (for Sun). If it doesn't rocket in the next day or two - it'll head back down fast. Its not in the same league with the other hot internet stocks. All of this IMHO of course :-) All the best

To: Tom Kearney who wrote (8925)	7/6/1998 7:06:00 AM
From: Glenn D. Rudolph	Respond to of 164684

Glenn - The JD I'm referring to is the degree you list in your profile. I'm a bit fascinated, because many of your arguments regarding this stock sound like you're trying to convince a judge or jury about some great moral question. Consider your proposition the other day to the effect: Does anyone really believe this stock deserves to be priced at this level? Wrong question. I started getting into NET stocks a few months ago because they kept soaring and I was sitting on the sidelines repeating the mantra 'bad fundamentals'. Sure, I could argue that these stocks should or should not be at current values, but what has been driving me is that obviously, the market loves this stuff. And I don't see why it should stop at this point in time. Tom, I do not practice but not the issue. Your point is well taken. Glenn

To: Tom Kearney who wrote (8925)	7/6/1998 5:07:00 PM
From: J.S.	Read Replies (1) \| Respond to of 164684

".... the unbridled certainties of the AMZN shorts vs the Bre-X longs" Now you just wait a cotton pickin' minute. The Bre-X longs were doing very well for awhile. I suggest you reserve a few chapters at the end for the eventual tumble that AMZN will take. AMZN market cap is bigger than Borders, Barnes & Noble, KTEL, CD-Now, N2K, and Zapata combined. The salient issue is not what anyone thinks this stock is worth - from a fundamental standpoint or otherwise, but the fact that the stock has almost quadrupled in about a month on BAD news. Yes, earnings estimates have gone down, competition has increased, and hits to amazon's web site have decreased. Viva Zapata, Joe Joe