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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: don roberson who wrote (350)	7/11/1998 10:06:00 PM
From: don roberson	Read Replies (2) \| Respond to of 15313

ALL: Some entertainment and enlightenment as Bill provided before: Following is some "chat" from historical AMAZON: Names have been deleted. May 14 1997 1:34PM ET Reply # of 10039 Haven't studied the details, but it would seem to me that B&N, by virtue of its size, will be able to get deeper discounts from publishers than Amazon.com. I believe that the top tier booksellers (like B&N, Borders) buy books at 50% of retail; this is what allows them to sell at a discount. Amazon.com probably gets books at ~60% of retail. The question then boils down to this: Will B&N (and others like Borders) be able to combine their superior purchasing power with enough efficiency and service on their Web-based operations to put amazon.com out of business? I think yes, if they set them up as separate business units but allow them to buy from the parent at deep discounts. Amazon had a great idea. It's not clear that they will continue to come up with enough innovations to beat the big boys. P.S. Amazon.com carries little or no inventory. This is very good. On the other hand, B&N can use its website to sell its bookstore stock of unsold and unreturnable titles, at prices amazon.com could not even come close to matching. May 15 1997 11:14AM ET Reply # of 10041 AMZN opened $29 1/4 and just kept sinking. Looks like all of the institutional investors that bought at $18 are unloading for a quick buck leaving the little guys holding the bag. Cheers, Friday, May 16 1997 2:37PM ET Reply # of 10041 It'll keep going down. Stay between 18-19 for a while and then keep falling. I love their service too but I won't pay $18 for a stock which "will not be profittable in foreseeable future". Fund managers will be fired if they hold or buy AMZN. Friday, May 16 1997 9:49PM ET Reply # of 10041 I thought we would get a "bigger fool theory" pop after it dropped down to $23 yesterday. I bought in at $24 7/8, and sold today at $22 3/8 (and I'm glad I did - ouch!) Could someone talk about the market order at the open yesterday that they had to make me feel better? <G> Thursday, Jan 22 1998 3:18PM ET Reply # of 10041 Try selling deep in the money calls naked for Feb or Mar if you can stomach it and if your broker will let you. Should be the same as selling the stock.....I think these last 10 points up has already been due to a short squeeze.....when the numbers come out that should finally put some selling into the stock(buy the rumor sell the news), also keep in mind that the float will be increasing substantially over the next few weeks and months and that will put a cap on the short squeezes, IMHO.....good luck........ Thursday, Jan 22 1998 3:20PM ET Reply # of 10041 The problem with buying puts, especially on a stock like AMZN, is that as soon as earnings get reported the premium dries up faster than rain in the desert. It will take a HUGE downward move in the stock for your puts to make any money. And unless AMZN misses by a mile (not likely), that ain't gonna happen. I believe, as most shorts do, that AMZN is severely overvalued. However I don't think that situation is going to be remedied without an increase in float size. In cases like AMZN and YHOO float size is more important than little things like PE, sales, revenue growth, debt and other useless fundamentals.<g> Thursday, Jan 22 1998 5:08PM ET Reply # of 10041 Funny you should mention IOM, down big time after hours on its earnings report! Amazon needs is an investor willing to wait six years (is Buffet in?) and all shorters would lose their pants on this one. I doubt the price of AMZN stock will be one nickle higher in six years than it is today! Unless ofcourse you think BKS and company will just roll over and let AMZN steal their market away. Be careful about using growth rates of startup companies too far into the future! Thursday, Jan 22 1998 5:32PM ET Reply # of 10041 Well, the 66 million revenue was a strong showing by Amazon. I think xmas helped them as people rushed to get those gifts out :) Will follow my plan and wait to add to my meager 100 shares short position. Question is where to short? 63, 65, 70? I'm not even sure if we hit those numbers.