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


To: 16yearcycle who wrote (43840)3/4/1999 1:11:00 PM
From: H James Morris  Respond to of 164684
 
>>Fortunately for me, I watched carefully while McCaw circled the globe with his cellular empire, while the company continually lost huge amounts of money.<<
This is true. My headhunting firm started doing business with Craig when he was only 1 of 3. It was one of the best success stories I've ever personally been involved with. Other than Msft.
Now be careful you don't compare the above to the "Thing".
Your putting to much hope on the Amzn brand name and I think ??
What does it matter what I think?



To: 16yearcycle who wrote (43840)3/4/1999 1:30:00 PM
From: Glenn D. Rudolph  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.


Eugene,

I have heard of Christopher Byron but do not know who he is.

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.


This was a new technology and that a need. Competition was not around at that time.

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.


There is already lots of competition and more are cropping up all the time.

Glenn



To: 16yearcycle who wrote (43840)3/4/1999 2:06:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
Eugene, In techs, Michael Murphy has the same (or worse) record as Byron. Why do the investing publications quote these guys?