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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: jach who wrote (92)11/28/1998 11:26:00 AM
From: AmericanVoter  Read Replies (1) | Respond to of 1196
 
Jach, the market has proven your point... its interesting that you were telling everyone you could about it... now lets hope that it will continue to rise and not stumble along the way...

thanks for notifying us, although, I for one, did not listen...

best regards
amein



To: jach who wrote (92)11/28/1998 9:56:00 PM
From: BradC  Respond to of 1196
 
<BAMM at AMZN valuation is 3000$ stock> Interesting math you have there jach but aren't you forgetting something?

Stocks are not valued on past earnings numbers, they are valued on expected future earnings numbers and based on todays valuations of some of these Internet stocks the market must be looking 10 years out. If anyone out there tells me they can predict what any of these companies will be earning 10 yrs from now I think they are either lying or stupid. Few of these companies have patents on their technology or services and as the sector grows there will be rapidly increasing competition at all levels followed by consolidation as the weaker players fall out.

Bottom line, it's just a big casino out there right now BAMM, AMZN, YHOO whatever, make your bets and have some fun (just don't mortgage the farm).

Good luck,
Brad