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 : VISIO Corp (VSIO): Big ISO 9000 Play -- Ignore unavailable to you. Want to Upgrade?

To: Technologyguy who wrote (270)	11/23/1998 8:48:00 PM
From: Adam Nash	Read Replies (1) \| Respond to of 522

I had entered a sale after the earnings release for 37, but I removed it last week. After reports of Enterprise 5.0, I feel like just holding. Visio has grown to almost 30% of my stock portfolio, but hey, that's what you get when you buy in low. If I think Visio becomes drastically over-valued, I'll lighten up the shares a bit, but for now, I feel comfortable with any price below 45. - Adam

To: Technologyguy who wrote (270)	11/24/1998 2:40:00 AM
From: Dan Spillane	Respond to of 522

0K I have a few things to say about "those Internet stocks." So, why should the bubble pop? (Sounds like a good article for me to write.) 1) The success of the Internet is based on increasingly lower barriers to entry, which allows more and more businesses easy access to sell goods. The stock prices of companies such as Amazon and others are based on exactly the opposite of the fact (the assumption is that the first companies to sell goods on the net will prevail forever, this is false). Quite the opposite, as it becomes easier and easier to access the Internet, every business and their brother will be on it, and Amazon soon won't have any more advantage than any other bookseller. It only follows that Amazon deserves a market cap in line with Barnes and Noble, not the ridiculous one it has. 2) And as for Yahoo and the others...why is someone's computer database program running on a few PCs worth 20 billion? I mean, there is nothing special about this, and indeed several programmers with a small amount of capital could duplicate a Yahoo in a few months time in their own home. The hold on the market that Yahoo has is tenuous, at best. In fact, "push" or broadcast technology presents a serious challenge to Yahoo's only revenue source (advertising). It could be argued, however, that Yahoo might deserve a market cap in line with The New York Times, Chicago Tribune, or some popular magazine company...although Yahoo doesn't have the staff, book value, etc. But hey, what do I know? Oh by the way I predicted something called "The World-Wide Meta-network" years before the "World-Wide Web" was coined. Pretty ridiculous bubble.