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


To: Glenn D. Rudolph who wrote (10842)7/19/1998 6:57:00 PM
From: Tom Kearney  Read Replies (2) | Respond to of 164684
 
Glen this is Elvis Presley. This is the Beatles. This is Muhammed Ali. This is the Bob Beamon 29'2'' long jump. It is Babe Ruth's 1927 season rolled together w/ Joe DiMaggio and Ted Williams' 1941 season. It is Jimmy Brown, Marilyn Monroe, and Rudolph Valentino. It is even the Village People.

It is something that has never been seen before - and will never be seen again.

Regards,
Tom

p.s.

But, if it still offends, hey, go long CSCO! They're gonna get a big bunch of this money, and they probably fit YOUR idea of a PROPER business model. My holdings in CSCO, MSFT and SAPHY are still much larger than the net stuff. But, not as much fun!



To: Glenn D. Rudolph who wrote (10842)7/19/1998 8:11:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Glen<The deal was led by Morgan
Stanley Dean Witter.>
How many of the 2.5 mil shares do you think, MSDW now controls??
Think about it!



To: Glenn D. Rudolph who wrote (10842)7/19/1998 9:43:00 PM
From: Gary Korn  Respond to of 164684
 
The following "Fund Watch" sidebar from Business Week on 7/27/98 mentions a Mutual Fund that gained 77% in the past year, with its biggest win being AMZN:

"Transamerica has been in mutual funds onlyh three years, but it's quickly making a mark. Its Premier Aggressive Growth and Premier Small Company funds finished the 12 months ended June 30 topping all U.S. general equity funds, with total returns of 77.1% and 76.1% respectively. Philip Treick runs both, and he spoke with BUSINESS WEEK's Robert Barker:

Q: What clicked for you?

A: Amazon was a gigantic win.

Q: It's about $108. What was your average cost?

A: Around $18.

Q: Is it still a buy?

A: On a long-term basis, absolutely. On a short-term basis, it's rich.

Q: To get such a ride out of one stock, you must not hold that many in the portfolio. What's typical?

A: There are 27, 28 names in there now.

Q: What's your biggest holding?

A: Dell Computer.

Q: What else worked for you?

A: Pixar [the computer animation outfit] was a big winner. Disney is just starting up their premarketing campaign for A Bug's Life [which Pixar is working on] . . . a movie that won't be released until November.

Q: What else do you own now?

A: Sodexho Marriot: It's a food-service, building-maintenance company. They play the outsourcing trend.