Amazon.com, Inc. (AMZN) Message Board

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)

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Devil's Advocate who wrote (30852)	12/22/1998 10:00:00 AM
From: KeepItSimple	of 164684

>I hope that it won't affect the whole market. Unfortunately, I believe it will. I have no ill-will towards companies trading at realistic P/Es, but I have nothing but contempt for companies such as Ebay trading at 1600 P/Es or worse. I've been on the internet before anyone here had ever heard of it, I'll wager. (anyone here on it before 1983? some of us start young) I built a business and profited from it, but not to the tune of 10 billion dollars. I intend to start another business in this industry because I enjoy it and I think the net can do a lot of wonderful and exciting things. But when these net stocks collapse in the greatest tulip explosion in equity history, it's going to make it harder for me to raise capital. After the crash, net stocks will be outcasts for years to come. The bull's arguments about these companies always boils down to the same thing: "This time our bubble is different" I disagree.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next