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


To: KeepItSimple who wrote (31017)12/23/1998 5:12:00 PM
From: Nav Toor  Respond to of 164684
 
Hello, I'm kind of a newbie when it comes to Internet stocks and I have been looking for internet stocks that still have a reasonable valuation so that I can get into the action. I was gonna get into Amazon when it was at 120 and now I'm kicking myself for not getting in. Does anyone have any suggestions for some good internet stocks to get into? I looked up a company called MBT International which operates a web site (www.agrimall.com) where it sells agricultural products such as livestock, real estate, farm equipment, etc. The stock symbol is MBTI on the NASDAQ OTC BB. Their stock went up about 80% yesterday and another 11% today and closed at $2.22 today. This stock seems pretty cheap. They just had their IPO last month. What do you guys think? I don't want to get burned and I would like some advice, since you guys are internet stock veterans.



To: KeepItSimple who wrote (31017)12/23/1998 6:50:00 PM
From: Gary Walker  Read Replies (2) | Respond to of 164684
 
KIS--it's not enough for Willie to make big money in this crazy stock--he acts like it's open season on anyone who would dare disagree. He's been reading too many of his own press clippings.

Another things he enjoys doing is telling the world when he's latched on to the latest and greatest stock. Then he quietly exits when nobody is looking. Ask him about data warehousing? That was going to be big. Redbrick? Ever heard of it?

You've only been around here a short time, which has been thrown in your face a couple of times. Frankly seniority doesn't mean squat to me. Your contributions are appreciated and so are Willie's except when he gets in these self-righteous moods.

Good luck!

gw



To: KeepItSimple who wrote (31017)12/23/1998 6:54:00 PM
From: Tradegod  Respond to of 164684
 
Gaps vs Intraday for what it's worth

Just a rough calculation, but from the 12/17 close at 276, to today's close of 325, a move of about 50 points it breaks down like this. Gap up 37 points, intraday trading up 12 points.



To: KeepItSimple who wrote (31017)12/24/1998 9:43:00 AM
From: jach  Respond to of 164684
 
Drilling down and worry for investors: from section of mercury news report:

"Drilling down into what both analysts are saying, however, should
yield reasons for worry for investors in all kinds of Internet
companies.

Blodget, a serious guy who's well-respected by institutions craving
information on the Internet industry, quickly followed up his initial
note to clients with another, more cautious, missive clarifying that he
doesn't see $400 as a near-term price target (Amazon's stock
closed Friday at $286.69, up 29 percent for the week).

He also points out what will be a large, potentially negative event
early next year: the possibility that the first quarter won't come close
to matching the fourth quarter's holidays-induced performance."