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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (29407)	12/9/1998 10:18:00 AM
From: L.J. Hoffman	Respond to of 164684

In any case -- Though I'm am weary of this hyper-run up of AMZN of late, I have faith that AMZN is very much going to be the DELL of the next 5 years. Did Dell go online selling other company's branded products at prices higher than the identical product could be bought for elsewhere?

To: craig crawford who wrote (29407)	12/9/1998 11:22:00 AM
From: Bill Harmond	Read Replies (4) \| Respond to of 164684

Bought Yahoo 203, eBay 179

To: craig crawford who wrote (29407)	12/9/1998 11:59:00 AM
From: McNabb Brothers	Respond to of 164684

craig, Glad to see you are alive! Would like to know your outlook now and if you are still holding on to your AMZN puts? Hank

To: craig crawford who wrote (29407)	12/9/1998 10:21:00 PM
From: David Lee	Read Replies (2) \| Respond to of 164684

Craig -- okay sure. There is no way that I can win the argument that AMZN is DELL in terms of fundamentals. However, I DO expect AMZN to pace DELL's stock price performance (from the last 5 years) over the next 5 years. Because personally, I don't think the valuations are relavant. Here's the rationale behind my bullishness. Looking at the last year, the internet stuff has been going crazy. We all know why -- because everyone hears that the internet and eCommerce is where everything is going to be in the next few years and they go buy some internet companies...they don't care what they do or how much money they make or lose, they only care that they keep going up. Bezos is a former finance guy -- he knows how to drive a stock and he will. Also, of all of the super-inflated internet stocks, AMZN is one of the few with a leg to stand on. If push comes to shove, and investors start to demand profit (a la NSCP 1997) AMZN will be able to deliver. What I'm basing this on is the fact that AMZN (unlike YHOO, TGLB, or any of that other crap) gets its revenue from actual sales. (as opposed to ad revenue, which is steadily decreasing) Also, they have a calculatable book value, so you don't need to valuate them on "discrete page views" or something silly like that. I mean, you can hate this stock as much as you want -- I'm out already, but would GLADLY get back in at the 160 range. Best, David