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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sal D who wrote (11029)	12/6/1998 12:49:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

Joe's article contains this<About 43 percent of households have personal computers; 52 percent of them have Internet access; and 38 percent of those have purchased something over the Net, a new study by the Retail and Consumer Products group at Ernst & Youngshows.> Now 52% of 43% is what?About 22%,and 38% of 22% is what? About 8.5%--so per Ernst and Young,purchases over the internet has occurred in 8.5% of US households--well,at least there is extreme amount of room for growth--but obviously we need to get this figure to improve dramatically--25% I think would be great. Yes,Joe,per IFLY as I read,regards the plan for how the web-site will work,when up and running,it appears it would be an excellent improvement,if it runs well---my question to all,does anyone know who is building the site--this is the kind of job PSIX would take on I do believe---also,has the expenditure and the financing of the site been discussed---but I say this,Internet stocks being what they are if IFLY makes the big public announcement that there site is up and running and ready for business I would,if then holding,sell at the spike--and then buy back later. I am now thinking of taking a 1/4 of my normal position in IFLY soon. In terms of Internet stocks,ELBO excites me in that they have 500 stores in which to promote their site--PLUS the % of their customers will have a quite significantly higher propensity to buy over the web. BIGE has announced they will be selling their stores to commit totally to the Net--this is a curious decision.The key thing with BIGE is how many products will they have in which they have exclusive rights to sell---this exclusiveness factor,the strong point here. Good Luck,Max O yes,am still tantalized with ITVU---they announced that they have 2 patents on the verge of becoming official--I have to yet find out how valuable will those patents be--ITVU really is not persay an internet stock,but actually a high tech stock---