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

AMZN 232.50

+0.1%

Dec 26 3:59 PM EST

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To: Mr. Tomatohead who wrote (74712)	8/19/1999 5:49:00 PM
From: Eric Wells	Read Replies (2) of 164684

Mr. Tomatohead - while Mr. McNabb already replied to your post, I thought I would chime in as well. I feel that the only thing that is lending support to AMZN's current stock price is investor psychology - a psychology that drives people to have overly-optimistic views of an unknown future, a psychology that makes people think they can attain mountains of wealth with no effort other than buying AMZN, a psychology that makes people do irrational things because they fear missing the boat, being left in the poorhouse while everyone else who bought AMZN is buying mansions in Seattle. For more information on this investor psychology, I invite you to read my earlier post regarding transparent, floating spheres: Message 11006865 By the way - are you any relation to Mr. Potatohead? (sorry - I could not resist) Thanks, -Eric

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