SI
SI
discoversearch

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: Glenn D. Rudolph who wrote (33091)1/6/1999 9:38:00 PM
From: Mark Fowler  Respond to of 164684
 
'Growth area'

Looking at the Internet rally, Lehman Brothers
analyst Brian Oakes said, "I think these are
[mutual] fund inflows. People are looking at
the Internets as the next growth area, and
they are buying that growth."

Prospects for growth in the Internet industry should in turn boost
related technology industries, especially software and
semiconductors.

In his quarterly update for clients, influential Merrill Lynch analyst
Tom Kurlak said "the surge in Internet-related business activity
has been unprecedented in its rate of acceleration. The
information economy is driving productivity higher, thereby helping
to offset sluggishness in the older industrial economy." See Silicon
Stocks.

cbs.marketwatch.com



To: Glenn D. Rudolph who wrote (33091)1/6/1999 10:12:00 PM
From: Raiders  Read Replies (2) | Respond to of 164684
 

Sorry guys I think we all suffered when this stock goes up and encountered losses but also I made a killing when Yahoo and AMZN got trashed in Sept 98 and that easily helped me to counter some of the losses I suffered in October. Then I just gave up on the internet stocks focused my attention on other stocks which I actually bought.
But seriously when people like Day Trader and others are simply going
out of control that simply adds up to the fact that there is correction brewing and it is going to happen very soon. I bought some puts on AMZN and the stock rattled of 10 points today but I lost only 3.5 points on my puts. So don't give up on this overpriced monster.
Good Luck and Best Wishes
Raiders