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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (30666)10/7/1998 6:52:00 PM
From: bobby beara  Read Replies (3) | Respond to of 94695
 
Hi Glenn, welcome to the Kahuna thread, just in time for the Amazon crash.

Yahoo had a failed 5th wave (blow-off burst into earnings . . . and reversed big today, along with AMZN.

AMZN should be a $10 stock within 6-12 months.

bb



To: Glenn D. Rudolph who wrote (30666)10/7/1998 7:39:00 PM
From: Jay Lyons  Respond to of 94695
 
>>In essence, Bertelsmann is going to buy 50% of a money losing BKS arm to compete against AMZN, a money losing bookseller on the net. Anyway you look at it, Bertelsmann loses. If anything, this will boost AMZN's stock since it affirms that the space that they own is valuable with a very big player looking to eat their lunch.<<

Andverson-

If Bertelsmann is a loser for paying $200,000 for a "money losing bookseller", then what does that make the people who own shares of the $5,000,000,000 "money losing bookseller"?

Losers x 25?

Jay