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


To: Jan Crawley who wrote (54672)5/2/1999 10:26:00 PM
From: Paul Hackett  Read Replies (2) | Respond to of 164684
 
Several financial sites and Steve Harmon have mentioned VMIX as an excellent prospect for being taken over, probably by a Internet giant with the market cap. to burn. AMZN definitely fits the bill, but since VMIX is more of a traditional company than a virtual business, AMZN might consider this too risky (ironically).

Still VMIX is an excellent complementary play for all AMZN shareholders. VMIX is supplying CDs, cassettes, DVDs and videos to both AMZN and CDNow (although they sell more to CDNow since AMZN has been looking to buy more music products directly from the major labels) along with 100's of other Internet and traditional retailers such as Best Buy.

VMIX is one of the safest Internet plays, consider this:
-already has positive earnings
-over $600 million annual sales
-over 500% growth in Internet revenues
-market cap only $260 million
-negligible marketing expenses.
-their principle competitor has filed for bankruptcy
-huge start-up costs for future competitors
-a float of only 3.5 million (definetly beats AMZN's 100 million)
-went public on 3/26/99

Now is the time to jump on board and take advantage of VMIX's Internet-related business without taking all the risks and huge quarterly losses (VMIX does not need to spend millions on their website and advertising). VMIX infrastructure is basically in place and ready for exponential Internet growth.

So to the long-time AMZN shareholders - take about 1/4 of those 10 bagger profits, drop'em on VMIX and watch it run.

And remember - there is a difference between spamming and educating.