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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (13938)1/7/1999 3:37:00 PM
From: LindyBill  Read Replies (3) | Respond to of 74651
 
Once the infrastructure is in place, they may be able to make a "ton" of money
Hey, tech2, I know we are OT, but everything they sell in volume is low margin. I don't see any light at the end of the tunnel.



To: t2 who wrote (13938)1/7/1999 8:57:00 PM
From: Offshore  Read Replies (3) | Respond to of 74651
 
Why AMAZON is History

Can all these investors be just insane. I am starting to think that some of them may be incredibly sharp people. Just my opinion

OH MY GOD!

That was THE MOST OBVIOUS hint that you have shares, and want others to join you in the biggest joke of the century. That stock is useless, and even if sales climbed 1000% for 10 years, the PE ratio at the current stock value will NEVER EVER EVER get lower than 100.

Thats because 4 people in 2nd year University will slap together a 10,000MHz PC with 500GBytes RAM and a 4 Bzillion MByte hard drive with a T-3 Line, spending a whopping $ 4500 in about 2 years, and all the book publishers will allow anyone complete real time access to their ODBC database, and WOW! Everyone can be an Amazon company...OVER NIGHT. In fact, the publishers will have links to Amazon, and Books-A-Million and Chapters. (Chapters web site is better than Amazon....and they sell books! Imagine that!)

Did any of these investors ever actually search for a book at Books-A-Million, then check the price at Amazon. Hey...the prices are actually considerably different at each. GUESS WHAT PEOPLE....IT WOULD TAKE LESS THAN 5 DAYS TO WRITE A PROGRAM THAT WOULD CHECK WHICH INTERNET BOOK SITE HAS THE CHEAPEST PRICE FOR THE BOOK AT ALL THE SITES...AND THIS GUARANTEES AMAZON WILL NEVER EVER MAKE MONEY. EVER EVER EVER EVER EVER.

Now...Amazon CAN make money. They must change their strategy. Stop advertising, stop spending on stupid things, operate out of a $ 2 sq/ft warehouse, and pay min. wage. That is it.

People who own AMAZON today are brilliant. People who own Amazon in 4 weeks from now, have bought it within the last 2 weeks. Did you see the turnover on that stock. 17 days. Once again, People who own Amazon in 4 weeks are idiots.

Just my opinion