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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%3:59 PM EST

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To: Frost Byte who wrote (45633)3/14/1999 4:13:00 AM
From: JOHN W.   of 164684
 
Hey frost byte, be careful on trying to put a negative spin on a future internet IPO. We have at least 15 scheduled within the next few weeks including buy.com and The Street.Com (No wonder Crammer turned from a short on internets to a "true believer"). If one of these IPOs falters. all internets will tank.
P.S. As reported in Barrons, The NY times invested 15 million in the TSC the day before it announced it was going public. Crammer became a true convert on the internets shortly before the company announced it was going public. Now the NY times runs a fairly positive piece on a internet stock.
Diller knows this bubble is going to burst. If CMGI does not prevail in thi, all internets will be re-valued. If the mkt turns, internets will be killed.
If yoy think Eisner would pay 20B for AMZN, then you deserve to lose all this money if you intend on remaining long on this hyped virtual company. The stupid shall be punished.
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