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


To: Bill Harmond who wrote (14218)8/21/1998 5:48:00 AM
From: Jay k.  Read Replies (3) | Respond to of 164684
 
/I don't care that Amazon loses money now. As long as interest rates stay low (long
bond scored record-low yield today), and Amazon can continue to show that it is
out-maneuvering its competition and growing the top line, then the stock should continue
to out-perform./

So all the longs buying BKS IPO? Maybe next AMZN in the making?
BKS.com is 2nd or 3rd largest book,etc.. internet company.
If they can spend enough money, freebies, advertising etc...
they should grow the top line 100-300% per year easily.
Buy the stock now or IPO when it comes... Don't miss your 10 bagger
folks!!!

PS: I don't really believe it either, BUT then I can't believe the market cap for AMZN and how much it has risen this year.



To: Bill Harmond who wrote (14218)8/21/1998 6:06:00 AM
From: llamaphlegm  Read Replies (2) | Respond to of 164684
 
William:

You might find this quote from the S&P ratings report of amzn (In develpment category) -- the link is under the stock's "news" button at yhoo. BTW, you mihgt also extend the logic of this person's question to music, flowers etc. -- any other item which amzn does not sell and which yhoo et al already take a cut of from their agreements with other merchants. I'm sure that after reading this you'll give me the bullish spin and go out and buy more!

LP

'Dose of reality' needed
Another advantage: Recruitment.

With a fist full of stock options to offer employees following an IPO, these companies may be better able to compete for talent against option-laden startups.

But other Web operations considering following Barnes & Noble's lead might want to consider the warnings of Wall Street bears, said Mark Basham, an analyst with Standard & Poor's Equities Group, in New York.

"I think this market needs a dose of reality," Basham said. "Are we getting to the point where we are going to have 10 dozen Internet companies all doing the same thing?"

It's possible that the portal sites could all move in the e-commerce direction, taking away some of the novelty of an Amazon.com or a barnesandnoble.com, he said.

"What's to stop Yahoo! from selling books? Theoretically nothing," Basham said.