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


To: tonyt who wrote (10354)7/14/1998 5:58:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
<The Wall Street Journal Interactive Edition -- July 14, 1998>
I loved the kicker about how a recession would benefit amzn and kill B&N. My take is it would be bad for both. The yuppies will be to depressed to read a book.



To: tonyt who wrote (10354)7/14/1998 6:02:00 PM
From: llamaphlegm  Read Replies (2) | Respond to of 164684
 
Tony et al:

What do you make of amzn's steady climb up the whole day while the nasdaq was basically flat (even with the dow soaring) and with most Net companies up a tad or down (see yhoo, nscp, egrp, eggs, dclk, lcos, aol, xcit, seek etc.)???

Thoughts ?

L{



To: tonyt who wrote (10354)7/14/1998 6:40:00 PM
From: marie fouchia  Read Replies (2) | Respond to of 164684
 
When was that article written? (time of day) Sounds like that guy is long AMZN. Fine by me--I decided to buy calls today so Amazon can pay me back for the puts I will most likely lose money on. It worked last time! Go, Amazon--to at least 20 tomorrow AM. Then you can dump if you want. Thanks...



To: tonyt who wrote (10354)7/15/1998 12:23:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
Another idiotic internet article, devoid of thought, unless the author was being sarcastic. If the DOW went to 5000, what makes the author, RICH KARLGAARD of the WSJIE, think that all the internet surfers will still happily pony up $19.95/mo for a frill like internet service? Surely in the following senario laid out by the author;

"In a prolonged 5000 Dow recession, bookstores may go without new carpeting. Store clerks will dress more shabbily than they do when the Dow is at 9000. Customers, already irritated from their drive in an jalopy, might arrive at the store and find they have to step over bums or wedge past angry clerks shouting union slogans. Or have you forgotten what bad times feel like?"

Surely if that senario comes to pass, ISPs will see some internet cancellations. Not only that, but it doesn't make sense in the first place to pay $19.95/mo for the "privilige" of actually paying more for a CD at Scamazon.com than one would have to pay at a "real" i.e. bricks and mortar store.

"Recession-Proof", my a$$.

DK