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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Market Tracker who wrote (14910)	10/28/1998 7:37:00 PM
From: put2rich	Respond to of 18691

Market or All, I visited eBay for only a couple of minutes but I can not immagine how they can make money as a liason between individual sellers and buyers. Many items are one only and low cost while the cost of inputting data on web...It is certainly hype and overvalued!

To: Market Tracker who wrote (14910)	10/29/1998 10:39:00 AM
From: Marconi	Read Replies (1) \| Respond to of 18691

Hello MT: I understood Amazon said they need to establish a business. They are not a going concern looking in the rear view mirror and continue to look for business possibilities. They have the future until the money runs out to establish a business, and they say it, they act like they know that, and they have made a number of moves to try to convert some of that mountain of paper into possible viable business lines, which remains the task at hand for them. There efforts to do so look a little haphazard to me. I expect volatility in the stock--the PR statements contrast with the accounting picture, and WalMart looks like it is prepared to pursue their interests with vigor, of which I expect more to come. Bezos seems to be a fellow that knows the price of a lot of things--he would be smart IMO to cut a deal with WalMart to license their trade secrets, and hopefully smart enough to do it at a cut of revenues that is not a fatal wound to book sales--which I would estimate at say 5% and above. I would think Bezos bargaining position will weaken substantially if WalMart rattles the injunction saber. Removing, re-programming, and testing new software is not done in one quarter for enterprises--probably closer to a year assuming Amazon can transplant technology from somewhere else to speed the process. The year forward should be interesting...quite interesting. I hope to be here (and participating) to see it unfold. I remain synthetically short, trading off what I perceive to be peaks. No stomach for going long on AMZN. Too much gut feel there will be a gap down opening some day that would erase the interim rise. And with a lawsuit rattling around, that could be the downside trigger--which is out of my scope to monitor effectively, till fait accompli.<i/> Best regards, m