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

To: llamaphlegm who wrote (9795)	7/9/1998 10:22:00 PM
From: llamaphlegm	Respond to of 164684

Folks: 1. Insider selling this week -- Hmmm. Barksdale buys shares in his own company, three weeks later stock takes off. Barksdale, following Michael Dell and Baker & Taylor (Amazon's second largest source of books, behind Ingram) dumping 100,000 shares this week, dumps shares of amzn and three weeks later ...???? Think he's a knowledgable internet stock investor??? news.com Barksdale takes Amazon profits By Dan Goodin Staff Writer, CNET NEWS.COM July 9, 1998, 3:15 p.m. PT Netscape Communications chief executive Jim Barksdale has filed to sell 2,558 shares of his Amazon.com stock, worth nearly $270,000 at current prices, according to a regulatory filing. The disclosure comes amid a sharp run-up in Internet stocks of late, and of Amazon.com in particular. The online bookseller's stock was trading at 105.1875, today, down nearly 2 percent. Amazon.com's share price has more than doubled since April. The filing with the Securities and Exchange Commission does not guarantee that Barksdale will go ahead with the sale. It was not known if he owned additional shares in the online bookseller. A Netscape spokeswoman declined to comment. In April, Barksdale filed to sell nearly 51,000 shares of @Home, about 43 percent of his total stake worth more than $1.7 million at that time. Barksdale earned only $1 in salary from Netscape last year, but holds a more than 6.2 percent stake in the software maker. Barksdale recently increased his holdings in Netscape, whose shares also have surged recently 2. I survived Louis Riley's stock manipulation on KTEL, and if he's evoking the name of amzn, even if by comparison for his newest hype job eggs, i cannot believe that this is anything but a bearish signal. Riley Capital Research Issues Strong Buy Rating on EGGS HOUSTON, July 9 /PRNewswire/ -- Riley Capital Research has initiated coverage of Egghead.com, Inc. (Nasdaq: EGGS - news) with a ''Strong Buy'' rating. ''Egghead.com is a dramatically undervalued emerging Internet retailer,'' says Mr. Louis Riley, principal of Riley Capital Research. ''We believe that the company could eventually be valued at 10 times our estimate of forward twelve month revenues given the company's strong growth metrics, early-to- market position, and well-known brand name. Such a valuation would imply a market capitalization of approximately two billion dollars and a stock price of approximately $85.'' ''Egghead.com's stock price has languished in the past few months as the Street has taken a 'show-me' attitude to the company's transition from a traditional brick and mortar retailer to an e-tailer. In addition, the company has absolutely no sell-side research coverage and sponsorship from the Street. We think that both of these concerns will be addressed in the future.'' ''Egghead.com's three Web sites generated most of the $30 million dollars in revenues that the company reported in the last quarter -- approximately the same level of revenue that Amazon.com (Nasdaq: AMZN - news) generated in its year-ago quarter. If Amazon.com is destined to become the 'mini-Wal-Mart' of the Web, perhaps Egghead.com will be a 'mini-K-Mart': a successful turnaround, albeit in hyperdrive.'' ''The company is well on its way to becoming a Web superstore. It has the sixth most frequently visited commercial online site on the Web, providing the company an excellent distribution outlet for many categories of merchandise beyond software and hardware. In fact, the company has already sold jewelry and watches on its Surplusauction site (http://www.surplusauction.com). The Surplusauction site, which is expected to provide the bulk of the company's revenues going forward, saw its sales grow from zero to $13.7 million in the 13 months ending on June 27, with sequential growth of over 95% in the June quarter over the March quarter. Moreover, the site has recorded excellent 'stickiness' metrics, with the number of total registered bidders growing by 479% in the past nine months. Basically, this company is executing its plan and is one of the best values of all the Internet commerce companies.'' This report contains information obtained from sources which we believe to be reliable, but its accuracy is not guaranteed. Certain matters described in this report are forward-looking statements and are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Opinions expressed are subject to change without notice. This report should not be construed as a solicitation of any kind. Neither Riley Capital Research nor any of its affiliates received any compensation of any kind for the opinions expressed herein. Mr. Riley and affiliates of Riley Capital Research currently hold positions consistent with the above rating.

To: llamaphlegm who wrote (9795)	7/10/1998 12:29:00 AM
From: BayPig	Read Replies (1) \| Respond to of 164684

>are you two survivors of another far less intelligent board on a far bigger joke of a stock (were that possible)? Yes, we are refugees from the YHOO board, which has degenerated drastically from the days of PrivateEquity, Canstic, and a few others. Am in need of some intelligent discourse. BayPig

To: llamaphlegm who wrote (9795)	7/10/1998 10:14:00 AM
From: DancesWithFedCalls	Read Replies (1) \| Respond to of 164684

llamaphlegm "have i confused you with someone else's aliases???" No you have not. That other far less intelligent board used to be better. Maybe when people again realize that AMZN is a book and music store and not just a symbol, they will again begin to argue on its fundamentals, and the posts will become a little less obscene and strident... It was also much more satisfying to compose posts two or three months ago, because they would still be visible in a few hours. Now they get buried within hours on all of the AMZN boards. -dances