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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 255.26+4.5%9:30 AM EST

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To: Eric Wells who wrote (69150)7/23/1999 1:02:00 PM
From: Jan Crawley  Read Replies (2) of 164684
 
So - I'm open to hear other views. Why should Yahoo be valued at $30 billion?

Eric, ask youself, "why should I put $100 into a slot-machine"?
So I think that: don't analyze the machine, the odd-stats, just focus on the players and Mo cycles if you choose to play.

I think that "people buying net stocks" are "thinking" that it will go up a lot and people shorting are thinking that it will go down for a qucik$$. IMHO, there is nothing noble or rational about buying/shorting the net stocks, so I don't seek justifications.

But always enjoy your "rational" analysis and thoughts; and I know that you are right sometime in the future.
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