Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.29

+1.0%

11:13 AM EST

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To: GST who wrote (70070)	7/27/1999 4:48:00 PM
From: John Donahoe	Read Replies (1) of 164684

RE The smart money is not buying, it is moving on Since you believe smart money is no longer in US equities or at least almost gone. Then that implies, in the US market at least, that stupid money is selling to stupid money. And the current holders of stock are stupid. If I follow your thinking correctly. Since smart money is buying Asia, are the Asian sellers stupid? And are stupid Asians buying US stock from the stupid holders of the stock with their proceeds gained from the sale of their Asian stock to smart money. Or should we just say that "stupid is what stupid does" and leave it at that?

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