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

To: Mark Fowler who wrote (12227)	8/1/1998 3:01:00 PM
From: zax	Read Replies (2) \| Respond to of 164684

I agree that these internet ipos will reach a saturation stage, but by no means will that crash and burn Yhoo, Amzn, Aol, Cmgi, and some of the other leaders Oh I get it. Just invest in the ISDEX and you are guaranteed super performance... Lets see now, where does your investment strategy fit in with the MecklerMedia's ISDEX group: Mark's ISDEX Pick's ISDX Data from 7/27/98 (the latest Internet World) - Changes in prices since 12/31/98 - CMGI: +468% AMZN: +338% AOL: +186% YHOO: +173% Sheesh... If I'd have known that CMGI was so far out ahead, I might have shorted it over AMZN. Its also lost 20% since 7/27. This strategy is about as dumb as they come, if you ask me. I would think that a better strategy might be to find the leader in the ISDEX each month, and short it. But I don't invest my money that way, either. Stupid me, thinking things like profits and business models matter, I try to actually know something about the losers I'm throwing my money at. I think we've found ourselves a new form of growth zombie, folks. Call it the MecklerZombie, named after the creator of the index they worship. -- Zaxbowow

To: Mark Fowler who wrote (12227)	8/1/1998 3:21:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Why not listen to Amazon's CEO and CFO rather than speculate wildly about future growth? You know your statements about growth and margins are contradicted by Bezos' and Coveys' guidance to analysts but refuse to listen to them. Because the only way you can support the price of the stock is to speculate wildly beyond the company's guidance you are throwing out numbers. OK, let's just pick some other numbers. E-commerce is expected to grow to around 250 billion in just a few years. If Amazon.com does 50% of those sales they will be worth 10X that or close to a trillion dollars. Gee, that sounds great. And if worldwide computer sales are over $150 billion per year, given the wonders of the internet, EggHead should do $50 billion in sales in five years and be worth $500 billion. Boy this is fun. These stocks are worth more and more . . . give me five minutes and they will be worth more than the present total economy - obviously the internet will cuase the economy to grow so much that that too is possible. WOW! "Onward mighty Amazon, marching off to sales, With the glory of the internet . . . Never seen before. No company can stand between you And vast riches not yet met; Forget about expenses . . . Web Bots, I choose to ignore . . . Forget about competition and other nasty bores . . . This is better than hoola hoops or tulip bulbs Or other things gone before!" (Sung to the tune of "Onward Christian Soldiers") Buy on Mighty Mark!