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

To: KeepItSimple who wrote (32690)	1/5/1999 4:50:00 PM
From: jach	Read Replies (2) \| Respond to of 164684

latest news release, AMZN will drop to 75 --------------------- analysts said current trading levels can't be sustained. A sales report from Amazon.com provided a dose of reality that could spell bad news for smaller online retailers. The Goldman Sachs Internet Index fell 0.5 percent while the Amex Internet Index climbed 0.9 percent. Amazon (AMZN) said fourth-quarter sales more than tripled to about $250 million. Yet it also cautioned investors that the higher seasonal sales "will not translate into correspondingly lower net losses in the fourth quarter." The company's chief financial officer, Joy Covey, said "aggressive product pricing" and other factors held down profit margins. According to Amazon, order fulfillment costs were higher. See story. Big gains Internet stocks made tremendous gains in 1998. Amazon.com's stock has risen 966 percent since the beginning of last year. Amazon shares (AMZN), after a three-for-one split, rose 7 percent Tuesday. America Online and CBS (CBS) on Tuesday unveiled an alliance that makes CBS.com a provider of news stories and broadcasts on AOL. America Online (AOL) shares, which rose 552 percent in 1998, fell 1 percent Tuesday. See story. At least one analyst said the Internet sprint might be over. "Internet stocks [have run up] because of online avarice," said Rick Berry, a technical analyst at J.P. Turner & Co. in Atlanta. "We're now starting to see a decline that will be even more substantive as the first quarter unfolds," Berry said. Most Internet stocks are so overvalued that a steep drop is inevitable and may have begun, Berry said. He sees Yahoo! falling to 175 a share, America Online down at 102 and Amazon.com dipping to 75 a share within the first quarter. Among Internet stocks: Yahoo! shares fell 1/2 to 247 1/2. Ubid (UBID) fell 12 1/2 to 121 9/16. On Monday, in contrast, uBid shares rose 27 percent. EBay (EBAY) slipped 13 to 227. Online retailer Delia's (DLIA), meanwhile, rose 3/16 to 15 15/16. The Nasdaq Composite Index, which contains many technology issues, rose 39 points to a record 2247.

To: KeepItSimple who wrote (32690)	1/5/1999 6:08:00 PM
From: cellhigh	Read Replies (2) \| Respond to of 164684

yea dont forget edram..the fact of the matter is your answer barely scratches the surface.rambus has already "licensed",and will receive royalties from the likes of mu nec ibm fujitsu hitachi misubishi toshiba samsung....and theres more names..thier technology will be incorporated into ic's( mass production) starting this year. end of transmission on this subject here.see the rmbs thread. electronics degees are what they are,i've got one too.. its the charts more than the degree i'm incorporating here. one would be foolish to think competition is'nt figured in here@104+. dont believe?dont invest,i didnt address you on this subject.