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

To: umbro who wrote (25745)	11/11/1998 11:33:00 PM
From: OtherChap	Read Replies (1) \| Respond to of 164687

After watching the last two days market action, I'm starting to think that the reason these stocks are going up is NOT because of manipulation, but rather the daily-increasing number of people who sit around and day trade online while watching CNBC. While Vinik, if he is involved, and mary and the rest of them may have some influence through outlandish recommendations and short squeezes, I think that ultimately there is an endless supply of greater fools in this stock. Just look at KTEL, and EarthWeb.. Earthweb has gone insane! This is starting to look like the world monetary crisis of cash fleeing from individual countries in a mad rush, causing economic collapse in its wake.. Boom and bust cycles. Online investors as a group represent extreme volatility since they allow millions of individuals to make daily stock trades, which used to be unheard of. I dont think people realize the volatility that this will cause in the future when EVERYONE is online with automated trading programs.. Stocks will be ganged up on and shorted down to .001 cents per share, then short squeezes will occur 20 seconds later with prices soaring 10,000 percent.. Now, the question is, why did netscape suddenly collapse? In any case, I'm still short Amazon, because I think the market is heading for a train wreck in the next week... Jerry Favors called last friday as the top, and so far he has been correct. He's predicting like 6000 on the dow very quickly..

To: umbro who wrote (25745)	11/12/1998 1:13:00 PM
From: Glenn D. Rudolph	Respond to of 164687

Study says the Internet is not reducing TV viewership By Robert Lemos, ZDNN November 11, 1998 3:15 PM PT <Picture> Breathe easier, Hank Hill, Ally McBeal and Frasier -- the Internet is not robbing you of your viewers. Not yet, anyway. At least that's the contrarian opinion issued Wednesday by market researcher Nielsen Media Research Inc., throwing cold water on earlier surveys that found people dialing back their TV viewing to spend more time Web watching. <Picture> <Picture> <Picture> <Picture> Where did the TV network viewers go? <Picture> <Picture> <Picture> <Picture> "The early indication is that just because a home has access to the Internet, we are not seeing a corresponding decrease in TV tuning," said Jack Loftus, vice president of communications for NMR. TV-Internet feud The study refutes several others that indicated Internet-connected households were watching less TV. In fact, Nielsen itself released a study with Internet service provider America Online Inc. (NYSE:AOL) in August estimating that households connected to the Internet watched 15 percent less TV. At that time, Bob Pittman, president and chief operating officer of AOL, said that the study proved the Internet's -- and AOL's, in particular -- advantage compared to television, which is under-delivering to upper-demographic Internet/online households." Discovery Communications Inc., owner of the Discovery channel, took exception with the AOL-Nielsen conclusions. In September, the cable channel published a different set of conclusions based on the same data as the AOL-Nielsen report. By looking at the more than 2,200 people in the study that had participated in a similar study the year before, Discovery found that gaining access to the Internet did not change the viewing habits over that year. Other factors behind decrease The current NMR study points to other factors behind the decrease in TV viewing. The survey followed 5,000 households over a six-month period, dividing them into three categories: households lacking Internet acces, a group with access and a third that started using the Internet during those six months. Both groups that had Internet access by the end of the six months had their TVs on about 26 percent of the time compared with the 31 percent for the group without Internet access. Neither groups' viewing time changed during the period, except that men who gained access to the Internet tended to watch less TV, stated the report. The conclusions did not refute the AOL-Nielsen's study, just AOL's spin on the data. In fact, in August, NMR'S vice president Paul Lindstrom said in a statement, "The findings from this [the AOL-Nielsen] study are consistent with other research indicating that online households are more upscale than their unconnected counterparts, and that upper-demographic homes, as a whole, watch less television than the U.S. average." Different tastes, different media In other words, the Internet is not stealing its audience from TV, but attracting viewers who were not big TV watchers in the first place, said Julia Pickar, industry analyst with Internet watcher Zona Research Inc. "People's media diet doesn't change because of the Internet," she said. "People are just finding what's right for them." NMR hopes six-month check-ups of its test groups will reveal more information, such as what types of programming are most resistant to the Internet and which segments of the population watch less TV. "You need a series of snapshots -- this is only the first," said Loftus.