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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 3:59 PM EST

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To: Robert Rose who wrote (83729)11/9/1999 8:01:00 PM
From: Eric Wells  Read Replies (3) of 164684
 
Robert - thanks for the explanation. But I owe you an apology - as I thought you were writing about AMZN in your first message (it was, after all, down about 7% today - well, actually about 9% - but I didn't realize you were speaking of CMRC - so my apologies).

I know nothing about CMRC. It is astonishing, though, to see a stock go from 32 to 350 in 2.5 months - or to go from 171 to 350 in a week for that matter.

Do you ever wonder if our markets have become some kind of legalized pyramid scheme - where technology companies are used as a guise for employing securities as gambling instruments? I'm just curious if this thought ever crosses your mind.

By the way - what about Amazon - do you think that would be a good buy in the AM?

-Eric
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