Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Eric Wells who wrote (73941)	8/15/1999 10:35:00 PM
From: Bill Harmond	Read Replies (3) of 164684

>>Do you disagree that the psychological impact of AMZN's negative YTD return might help to contribute to negative sentiment on the stock? I'm not a mind reader. I don't know what others are thinking. No one has told me that their opinion of Amazon has changed because it's trading below 12/31. If a Ferrari is caught in heavy traffic, or a Gulfstream is flying through headwinds, that doesn't make them depreciate any. We're having a correction based on interest rates. The dot coms are high-beta stocks, and they will overshoot on the upside and downside.

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