Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sarmad Y. Hermiz who wrote (49750)	4/10/1999 4:59:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

The assumption that I am using to drive my trading (and which could still drive me to bankruptcy) is that the acquisitions Yahoo has made are absurdly over-priced. (geocities and bcst). The trick is they have not paid cash, but are using their stock. Do you know whether the geocities dilution is in the float yet ? Sarmad, This was a mistake I made when I was short AMZN last year. I believed the aquisitions of Planet All, Jungalee, and the book store in Britain were all vastly over priced. The float for AMZN then was low. I expected large dilution when these shares could be sold. Many of the people did sell but the market ate up the shares and AMZN continued higher. It did not matter that AMZN way overpaid. This is just a word of warning. I still do not know what AMZN is still doing with Planet All. They have the cash Planet All had and beyond that it is just a site losing money as far as I know.