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To: Glenn D. Rudolph who wrote (25481)11/10/1998 2:15:00 PM
From: Robert Stone  Respond to of 164687
 
Bezos on CNBC

Glenn,

Sorry he may not be on the US version of CNBC.

Message 6362044

Robert




To: Glenn D. Rudolph who wrote (25481)11/10/1998 2:48:00 PM
From: Doug Fowler  Read Replies (2) | Respond to of 164687
 
Glenn,

I believe that many of these Internet companies have an incredibly bright future -- Yahoo, eBay, Amazon.

What FRUSTRATES the heck out of me is that I can't find any rational explanation for buying any of them at the prices they trade.

I started the thread on eBay more than three months ago, and have always been very positive with regard to their achievements so far, their dominance of their market, their phenomenal growth rate, and their very bright future.

However, I simply cannot justify that company having a stock market capitalization of $5B, when it would take no more than $50M to duplicate their model AND BUY the traffic.