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


To: Bill Harmond who wrote (16946)9/11/1998 10:05:00 PM
From: Derrick P.  Read Replies (1) | Respond to of 164684
 
Oh, I think it does matter, as the cost of entry in this market is low, and competition could soon obtain much of that market share.

Derrick



To: Bill Harmond who wrote (16946)9/12/1998 12:01:00 PM
From: H James Morris  Respond to of 164684
 
William<What matters is market share..
I know I've asked you this before. Please put me out of my misery.
Do you work for MORGAN STANLEY? You sound just like them.



To: Bill Harmond who wrote (16946)9/12/1998 12:57:00 PM
From: Jay8088  Read Replies (1) | Respond to of 164684
 
How to invest by market share....
( A new and ground breaking investment principle )

A Ponzi scheme always tend to have a large and RAPIDLY increasing market share ( Uhhh...... that is until it collapses!).

In case of Amazon.com, it is Ponziing money from star struck investors to company insiders, investment bankers, and some crumb to thrifty book buyers.

Here is how it works. Book buyers see some bargains on the net and get attracted. Robust revenue ! Amazon reports rapidly increasing 'market share' and investors pump in money. Now with the money raised, Amazon can give out more bargains to thrifty book buyers. More 'market share'! Investors pump in more money. Amazon go for a secondary offering. Investment bankers make out like crazy. Business insiders buy their dream mansions. Amazon now gives out more bargains to every shopper. More customers!!! Amazon reports the wonder of internet business and its exponential growth. Hedge funders go into wolf pack action and squeeze out any unbelieving short sellers. Panic short covering!!! The stock price triples in two months!! More amazoned investors get attracted and buy shares at ANY price! Amazon raise tons more money in junk bond! Now they planned to give out similar bargain deals to CD and video buyers! More customers!!! Higher stock prices!!!! WOW! This IS the wonderland!

As you can see, just like any Ponzi scheme, the whole thing can go on and on as long as there are enough star struck, amazoned, amazombied investors willing to put up their hard earned cash to buy their papers.

Only catch? One day, they run out of suckers....