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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Tom D who wrote (84720)	11/20/1999 7:29:00 PM
From: KeepItSimple	Read Replies (1) of 164684

>I don't know how much longer the fools will bid up the price They will bid them up until the last speculator runs out of money. And even then, it will take a while. The NYSE just voted to allow daytraders to use 200% margin instead of just 100%. This kind of insane over-valuation has beeing going on for 3 years. There is absolutely no sign it is even beginning to slow down. If anything, it is accelerating upward in a parabolic moonshot. I was very surprised when the SEC announced last week that they were going to force internut companies to stop reporting ad-bartering as actual revenue. That is a very unwise move, as ad-bartering accounts for at least 25% of total internut revenue. If you take away that avenue of fraudulently cooking the books, a lot of internut companies are going to be up the creek without a paddle to confuse investors with.

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