SI
SI
discoversearch

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: H James Morris who wrote (28226)11/26/1998 2:17:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
<Netscape Communications Corp. yesterday reported a quarterly profit of $2.7 million,
meeting Wall Street expectations on the day it agreed to be bought by America Online
Inc. for $4.21 billion.>

In the old days, meaning before 98. Who in the hell would pay $4.2bil for a 3-4 year old
co, that only made $2.7mil in the last Qtr?
William hit it right on the head. It's the new information and money age.


James,

Is not every investor that goes long AMZN buying a piece of a $11 billion company that loses money? That is more bizarre than NSCP<G>

Glenn



To: H James Morris who wrote (28226)11/26/1998 10:12:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
From Businessweek.. Maybe Amazon will be in the group in a few years:-)

"
STOCKS IN THEIR STOCKINGS

If anyone on your holiday list is an avid investor, here's a way out of the gift
rut: Think stocks, not socks. Whether you're giving to novices who are eager
to hone their Street smarts or to a raging bull looking to gain an edge, a wide
range of software, books, and electronic devices can help investors
determine whether to buy, sell, or hold. Other items simply celebrate an
interest in things financial.

Since successful investing is as much an art as a science, let your loved ones
put their passion on display with vintage stock certificates. One of the best
sources is Anderson Investor's Software (800 286-4106), which, for $29.95,
sells six certificates, all of them guaranteed to be at least 25 years old and in
mint condition, with the original watermarks. All of the companies involved are
defunct, but many people may still like seeing famous names from the past,
such as Pennsylvania Railroad, Howard Johnson, and United Whelan (once a
public subsidiary of E.F. Hutton)."