Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: H James Morris who wrote (13437)	8/13/1998 11:50:00 AM
From: Tenpole	Respond to of 164684

I agree with the basic premise that AMZN has 'won' but experience teaches us that there should be the caveat 'for now'. And if the fight is 'over', times are going to get a bit more pragmatic. T

To: H James Morris who wrote (13437)	8/13/1998 12:54:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Tom and Glen.You guys just don't get it. The 'Thing' is not about books anymore and it hasn't been for the last month. Its about e-commerce and Wall Street has decided that Amzn won. Since there's no video tape available to watch the race that Amzn won, don't mess with it. Trust me. H, I do get it although do not like it. Wall Street surely believes AMZN has won the e-commerce competion which has only just begun. The race is a problem because it is not over and the amount of retail market in e-commerce is not that great. Business to bussiness will and is a large market. Oh well. Amazon may actually win nothing even if they do win. Glenn

To: H James Morris who wrote (13437)	8/13/1998 5:28:00 PM
From: llamaphlegm	Read Replies (1) \| Respond to of 164684

hjm always trust you, however, 1. wall st. analysts and bankers just laugh about amzn (and frankly the other i-nets). Not one serious house has a strong buy on virtually any company that it did not take public or have coming business with.] A lot, and i mean like a lot, of folks who work on wall street, are short this stock in one form or another. It's fairly obvious to them, that the hedge funds playing this are getting out as orderly as possible and that the minute there's any type of sector or company specific slip up -- the industry plummets en masse. LP

To: H James Morris who wrote (13437)	8/13/1998 6:36:00 PM
From: Tom Kearney	Read Replies (1) \| Respond to of 164684

James - you're 100% - it isn't about books anymore. That's key.

To: H James Morris who wrote (13437)	8/13/1998 9:40:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 164684

AMZN has won (so says Wall Street) by selling other things? I doubt it. 'Wall Street' also said BOST 'won' and look where it is now. ONSL, and internet auction site, 'sells' more things too and it trades at 1/7th the price of AMZN on a P/S basis. ONSL only has half the revenue that AMZN has but I consider that 'in the ballpark' for a valid comparison. ONSL is also near profitable. The longs had better pray that AMZN's revenue growth actually continues for about 5 years or so to justify the outrageous market cap. The 'book' story appears to be about over for AMZN, so I guess they plan on keeping the dream going by entering other areas.