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

To: SkyDart who wrote (35274)	1/18/1999 2:51:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 164684

Ain't hindsight great? :-). The thing is, longs here on this thread encouraged people to buy at $185. Many said "anytime is a great time to buy AMZN". I guess it is if you enjoy losing $40/shr in three days. I'm glad to see you're not a blind bull, and even though in hindsight, you can at least see that these 'nuts do take a pasting once in a great while--and that can hurt when you're long, just as it hurts to be short when "the Thing" goes up the same amount. With the next qtr showing sequential revenue drop, I wouldn't be going long anytime soon.

To: SkyDart who wrote (35274)	1/18/1999 7:18:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Based upon price/sales it has a [Price per Sales] ratio much more in line with XCIT and SEEK compared to YHOO which comparatively on this measure is 10 fold higher. IE AMAZ has about 10 times higher to go before it becomes as overvalued as YHOO. Sky, You are comparing a retailer to a portal in price to sales. Note the difference in gross margins and why. Glenn

To: SkyDart who wrote (35274)	1/18/1999 9:52:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

AtHome to buy Excite ˜ sources say MSNBC Jan. 18 ˜ AtHome Corp. is set to announce as early as Tuesday that it has agreed to acquire Excite Corp., sources tell MSNBC. Terms of the deal, which was confirmed by an individual familiar with AtHome board proceedings, aren‚t clear, but Excite‚s share price ($67 1/2) sets its market value at about $3.5 billion. EXCITE, the Internet‚s second largest portal company behind Yahoo!, is expected to provide AtHome with a far fuller range of online services than it now offers on its own. AtHome, which is controlled by TeleCommunications Inc., Cox Communications, Comcast Corp. and several other investors, has snared some 330,000 subscribers to its service in North America to date. That‚s a paltry number compared to the likes of America Online and its roughly 14 million subscribers, but industry executives and analysts believe high-speed Internet access will proliferate rapidly. What‚s more, AtHome‚s close affiliation with many different cable companies gives it a leg up in increasing its base of subscribers. For Excite, operating in the hefty shadow of rival Yahoo!, a merger could provide a new and potent avenue for increasing its share of the online audience. In a recent Media Metrix ranking, Excite was the sixth most-visited site on the Internet, with a 20 percent reach ˜ about half that of Yahoo! (Emory Thomas Jr., Bob Sullivan and David Bowermaster contributed to this story.)