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: Daniel Schuh who wrote (15561)	9/1/1998 10:16:00 AM
From: Don Westermeyer	Respond to of 164684

AMZN -17, YHOO -7 The flying pigs continue to fall to earth today. That's the thing I never fully appreciated about Bill Harmond, he always had his finger on the trigger. Good thing he didn't wait one week longer. Congrats on your excellent timing William. I'd loose what's left of my hair if I called it that close. I'm pretty happy I didn't get in on the GCTY IPO now.

To: Daniel Schuh who wrote (15561)	9/1/1998 10:29:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

<That's the thing I never fully appreciated about Bill Harmond, he always had his finger on the trigger. When that Bill says he's pulling it, I'd advise everybody to pay very close attention>. I agree. William if you see this do you feel that the Amzn Sept 20 puts look attractive?

To: Daniel Schuh who wrote (15561)	9/1/1998 6:07:00 PM
From: damniseedemons	Read Replies (1) \| Respond to of 164684

Hi Dan, trust you're doing well... Yes, Momentum trading works both ways. Very often I have liked a stock ("stock," not "company") one day and then changed my mind and sold on the next. One thing about all this, however, is that there are very significant differences between momentum stocks with good/real companies underneath, and pure momentum/hype stocks. At Transamerica, they (we) are very much long-term investors who buy companies/businesses with the intention of never selling (very Buffett-like, not just in name but in practice). Personally, I had always been a daytrader but prefered to work with investors because I don't feel that I could stand having a long-term career as a daytrader (I always looked at daytrading as a job, not career). >"The barrier to entry is that there is no barrier to entry." There are no barriers to entry in Cyberspace--anyone and everyone can get a domain and abrakadabra become an e-tailer. But it's like being in a big city and you've only got a little sign on your door and a listing in the white-pages. Amazon understands this, which is why they spend so much on marketing and customer acquisition in their "get big fast" strategy. It's also not much unlike bricks&mortar retailers--any "mom&pop" folks can can rent some space and set up shop; but the large national chains get most of the business. -Sal PS. re: the guy you quoted from Lynx Asset Management... I've never considered P/E ratios to be meaningful.