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

To: Glenn D. Rudolph who wrote (43785)	3/4/1999 11:25:00 AM
From: Tom Kearney	Read Replies (2) \| Respond to of 164684

AMZN and YHOO are up 10 fold in the last year - a 30% correction does not count as a shellacking, in my view, under these circumstances. Obviously, Koogle wants the best deal he can get. As a YHOO shareholder, I would expect that.

To: Glenn D. Rudolph who wrote (43785)	3/4/1999 1:01:00 PM
From: 16yearcycle	Read Replies (3) \| Respond to of 164684

It is awful that Christopher Byron is still allowed to write about the nets. He has continuously given his opinion for a year now that they will be devastated when they finally correct. Meanwhile they are up 10 fold. If they lose 80% of their value, they will still have doubled since his table pounding started. Is a double in a year good? I am so old that I remember when it was pretty good. Fortunately for me, I watched carefully while McCaw circled the globe with his cellular empire, while the company continually lost huge amounts of money. When the aggressive expansion slowed, the company became profitable and was then sold off. I stupidly avoided buying 1 share, but learned the lesson. Amzn is following a very similar model. Although it is vastly overpriced in comparison, for the time being the market is a different world, too. I won't be surprised of amzn grows into a $30-50 billion revenue business within 10 years and never makes a penny. By then they will have a very valuable franchise which may well justify a market cap of 50-100 billion, still an excellent return from here.