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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 210.32-5.6%Feb 6 9:30 AM EST
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To: Bob Kim who wrote (99163)4/5/2000 8:15:00 PM
From: GST  Read Replies (2) of 164685
 
BOB: Great stocks can get grossly overpriced -- as can any asset. If you like, I can set you up with a house in Hawaii for only $60 million - which is what it cost the owner. Problem is, nobody seems to want to pay more than 10 million now! Imagine that, it was overpriced and now nobody wants it! Losing 90% of your money on a "sure thing" - after all they are not making any more land, and people will always want it -- yes? Actually, no.
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