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.

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

To: getgo234 who wrote (26777)	11/18/1998 8:30:00 PM
From: Gary Walker	Read Replies (1) \| Respond to of 164684

>>what it will take to bring this internet buying panic to an end ? Good question. Nobody's seen this kind of run for any stocks including the biotechs. With the latest cut in the discount rate, the sky's the limit. It's going to take some kind of real nasty event in my opinion. Massive insider trading or some sobering news...ie. drop rate of increase in sales or losses. gw

To: getgo234 who wrote (26777)	11/19/1998 12:18:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Would you take a moment to conjecture what it will take to bring this internet buying panic to an end ? If K-tel is an example, it would appear that AMZN will have to be on the verge on being delisted before getgo, I want it clear. I do not have a clue. My best guess would be revenue growth coming to a halt in Q2 of 99. The hype for this sector is amazing. I did watch the CNBC special last night on the web etailing sector. They hard a person on from Forrester Research and he was talking about none of these companys having profits until 2003. However, they are a great buy at these prices because they are acquiring "real estate." If the market please in that, it could be 2003 before the mania ends. I doubt that would occur but it was a scary thought. I know this post was of no help. KTEL is up 3 1/4 right now and is going to be delisted. They are technically bankrupt but no one cares. Glenn