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

To: Bill Harmond who wrote (11509)	7/23/1998 11:25:00 AM
From: llamaphlegm	Read Replies (1) \| Respond to of 164684

William: I notice that your cheeky replies have melted away with the realization that you erred. You might still think about actually revising your bullish take on a company who's losses are increasing, sinc eyou previously used the evidence (mistakenly) that losses were decreasing to try and bolster your bullish arguments. LP Article below: Y'all think that just maybe, if there's more profits to be made in commodity (aka book etc.) sales online, the portals will capture it? Just maybe? Portals Garnering Most Online Investment Traffic By Louis Trager, ZDNet Broad Web gateways known as portal sites are helping justify their own enormous stock valuations by attracting most of the recent Internet investment activity, a new survey indicates. Almost six in 10 of the respondents who manage their investments online said they most frequently use America Online Inc.; Intuit Inc.'s Quicken.com; or Yahoo! Inc., according to results released Wednesday by Cyber Dialogue Inc. market research. The leader, AOL Personal Finance, cited by 32.5 percent of respondents, was named more than five times as often as the top financial services company, Charles Schwab & Co. Inc., at 6.1 percent. Of 58 million Internet users, 35 million - or 60 percent - are conducting some financial activity online, the survey said. More than 18 million said they manage their investments online, a 132 percent increase from a year earlier. Their top criterion in a site is a trusted brand. But half the online investors said they referred to more than one site for stock quotes and almost one-fifth said they used multiple Internet brokerages for trades. Only 3 million Internet users do most of their stock trading online, the survey results indicated. Overall, Internet users represent 30 percent of the U.S. population but own almost half the mutual fund assets.