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Pastimes : CNBC -- critique.

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To: Lizzie Tudor who wrote (9441)1/27/2002 7:00:38 PM
From: agent99  Read Replies (1) of 17683
 
To CNBC- Too much Holly Becker analysis on the nets, can she be counterbalanced with someone a little more bullish?

LOL. Yearning for the good old days of the net bubble, are we?

Face it. AMZN *is* just a retailer. I love AMZN as a website, but by any measure it is not rationally priced. It is not yet out of the woods even with their progress. If you take the time to look behind the numbers there's alot of froth. Even their much ballyhooed penny GAAP profit was mostly a mirage, fueled by $16 million of foreign exchange gains.

Enjoy your gains while they last and be happy that the shorts are getting squeezed for now. But don't be surprised if it doesn't last.

CNBC, please have MORE analysts like Holly Becker on!

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