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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: Bill Harmond who wrote (87085)	12/11/1999 3:19:00 PM
From: GST	Read Replies (1) of 164684

William: The mistake I sometimes make is that I forget this is a market -- supply and demand rule -- and prices can go up because demand can increase faster than supply no matter what the valuation level. The mistake you make, IMO, is that you forget this is a market -- supply and demand rule -- and prices can go down because supply can increase faster than demand no matter what the valuation level.

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