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

To: Mark Fowler who wrote (39768)	2/12/1999 2:31:00 PM
From: GST	Read Replies (2) \| Respond to of 164684

Mark--right--what a complete waste of time that was

To: Mark Fowler who wrote (39768)	2/12/1999 2:39:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>Mark--AMZN, the snake that bites from both ends, will probably eat all of us alive. << Mark, I play golf with cobra irons. Every time I think I'm tearing up the course. They come back and bite me. Ps Do you know what a Cobra, Clinton and Bezos have in common?? They all lead a charmed life. Don't you think?

To: Mark Fowler who wrote (39768)	2/13/1999 2:32:00 PM
From: Glenn D. Rudolph	Respond to of 164684

The Investor Revolution In the pre-World Wide Web days, if you wanted to invest for your retirement, you'd call your broker and ask what looks good. He would sell you a financial plan and 100 shares of GE or maybe a mutual fund he was pushing. But you paid a stiff price: a couple hundred bucks commission for the stock or a 5% sales charge for the fund. Plus an extra percentage point or two every year to help pay for the fund manager's hefty salary. Today, the Internet is giving investors access to a wealth of free information and pushing commissions under $10 a trade. Meanwhile, index funds, which put investment decisions on autopilot, are beating active money managers by a mile. Since the bulls began running on Wall Street in 1982, the average equity mutual fund has underperformed funds pegged to the Standard & Poor's 500-stock index by nearly 3 percentage points a year. By moving to the Web and indexing their portfolios, investors are taking control of their finances. In this Cover Story, we describe the ruckus on Wall Street (page 112), where the Internet is both a boon and a threat. With some 14% of all stock trades now online, it's little wonder that Charles Schwab, E*Trade Group, and their digital ilk are riding high as old-line brokers rush out new online products and services. We'll also help you navigate the Web sites of the E-brokers and their old-line competitors (page 120). And we explain why low-cost index funds are the hottest item on the mutual-fund menu today (page 126) and how to use them to build a diversified portfolio. You now have choices you never had before. By William Glasgall in New York