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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.37+0.3%3:59 PM EST

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To: Jan Crawley who wrote (74460)8/18/1999 2:58:00 PM
From: Lizzie Tudor  Read Replies (3) of 164684
 
.but if you "convence" yourself with all the "F/A" analysis and then act upon them, such as shorting(and long) the nets..then you can get into deep trouble.

Yeah I agree... the problem I think is that FA is not an exact science even though a lot of people believe it is.

For example this notion that Amazon is a scam being thrust upon the online trading newbies. You might conclude that based on the massive losses at Amazon, that would be basic FA. But I know from my R&D background how difficult it is to build what amazon already has in place (and they aren't done)... but what they have has been an incredible undertaking, they hired top people to do it. In order for Amzn to be a scam at this point they would have had to have "fooled" all the R&D staff, as well as the software vendors such as Oracle supporting the effort - I don't believe that is possible for an undertaking of this size. So, I am making an FA call that Amazon is not a scam dispite the balance sheet appearance to the contrary. What a mess!
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