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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (14623)	11/22/1998 1:38:00 PM
From: TokyoMex	Respond to of 119973

Just make sure , that you have the right net stock ,, and do expect volatility ,, by all means .

To: TokyoMex who wrote (14623)	11/22/1998 1:49:00 PM
From: Charles T. Russell	Read Replies (1) \| Respond to of 119973

MSFT, IBM and INTC (not AOL) hold patents an own a significant amount of intellectual property. Amazon and Yahoo own very little intellectual propert, and their business model is very easily duplicated. I think that the focus on "Internet retailing" will dissipate next year. All major retailers will be online. All will offer the same services. A retailer, will be a retailer, or better yet.. acting like a low priced wholesaler. Disintermediation. No one thinks of Barnes and Noble as an internet company, yet they have quite a spiffy website. JC Penny, Sears, Saks have their catalogs online. Very shortly, Amazon will be viewed as yet another retailer, and will be valued as such.