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

To: Bill Harmond who wrote (14398)	8/23/1998 2:36:00 PM
From: zax	Read Replies (1) \| Respond to of 164684

Why not Yahoo or AOL? Yahoo's strength relative to the market has been consistently accelerating. You clearly subscribe the the belief that might makes right, William. Some of us believe that there are other indicators of future success for a company besides relatively recent historical stock performance. Those completely passe concepts like valuation principle and price to earnings ratios, and even plain old profitability seem to have stuck with us old timers, who will certainly be punished for believing that there just might be other potentially rewarding places in the marketplace to invest our money besides the 'nifty fifty'. Perhaps when AMZNs profits exceed the GNP of the United States, just a little of the wealth might trickle down to some of us. I hope that we can pack the momos as tightly together onto this AMZN tanker before the iceberg hits. :) I don't believe that there are even a handfull of traditional value investors left on the AMZN boat... just hedgers and momos. In Genesis 18 Abraham prayed for the city of Sodom--that God would spare the city "if only 10 (faithful people) be found there"(18:32). God agreed, but chapter 19 reveals the sad truth about the city of Sodom.

To: Bill Harmond who wrote (14398)	8/23/1998 3:27:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

The sector TA looks weak at this point. I like Yahoo!'s prospects OK but think it is overdone and risky at this point. I haven't considered AOL much recently. LCOS probably has a few more days to move up on their earnings report and increased forecasts - I'm using it as a hedge against my naked calls in Amazon. Jenkon is not that much an internet stock, although they have plans to come out with more internet enabled software products - that might catch part of the sectors fever but I'm looking more on their actual growth.