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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.99

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3:59 PM EST

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To: Bill Harmond who wrote (56682)	5/14/1999 4:05:00 AM
From: KeepItSimple	Read Replies (1) of 164684

> Booing Lou for Unsportsmanlike Conduct Think there's a little bit of conflict of interest here? Cramer now has around 40 million in paper wealth created by one of the most worthless of the internet IPOs to recently come down the pipeline, Thestreet.com. But he can't sell those shares for quite a while. If the music stops now, he'll have to go back to working for a living. And hell, most of his investments are in the high-tech-joke arena anyway. I havent seen a bigger cheerleader for AOL or Yahoo in my lifetime. Of COURSE he's going to ridicule anyone who exposes the man behind the curtain. I wonder if he'll ever write an article about how he made more money in 24 hours by being an insider on an IPO than he did in his previous 20 years on Wall Street. Somehow I doubt it. "Hi folks, I was wrong. The way to achieve wealth is NOT by buying quality stocks or keeping your finger on the pulse of market momentum, its by writing for a money losing online magazine before it goes public!" Trust me folks, this is all going to end badly. Lou was right. The pyramid has reached staggering proportions. A lot of people will be crushed when it falls. I mean, comon. Does anyone seriously think he's going to gamble away his 40 million bucks on the stock market after he cashes in his chips? Hell no. He's set for life. No reason to risk it anymore. No reason to get up and watch overseas markets, no reason to reach for his computer the second some random net-stock is mentioned by Maria on CNBC, no reason to pontificate about bond yields, no reason to ask the tough questions on Squawk Box when a CEO tries to evade a corporate skeleton in the closet. Who will want to read his articles or watch him at 8:30am? He wont be a trader anymore. He'll just be another IPOllionaire.

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