Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.95

+0.3%

3:59 PM EST

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To: Eric Wells who wrote (73950)	8/15/1999 10:47:00 PM
From: Bill Harmond	Read Replies (3) of 164684

The first thing you do when you buy a Ferrari, is make sure it's a Ferrari! Some holders like me increased their positions during the decline. "Getting back to fundamentals" is hocus-pocus. Getting back to their long-term moving average is more meaningful. Eric, you are missing something very important. The leaders became stronger BECAUSE of this correction in stock prices. They still have the money they need, and their stocks have institutional sponsorship.

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