Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: Danny who wrote (100684)	4/14/2000 12:48:00 PM
From: KeepItSimple	Read Replies (3) of 164684

It is very possible to be a bear in this market while being optimistic about technology. IMO, it takes someone with a very incredible ability to suspend disbelief to believe in these STOCKS. Actually I'd consider it more of a state of denial of reality, rather than suspension of disbelief. All it takes is reading the quote from Keith Benjamin where he stated that after leaving Robbie Stevens brokerage he was still amazed that he managed to fool so many people. He literally said his valuation methods were a complete fraud, but as long as the stocks kept going up nobody cared. All along I called this price justification an act of insanity, yet people derided me for it. Now one of the main architechts of the fraud comes out and admits it was a fraud, and dammit i feel vindicated. It feels REALLY good. And making money now, while being short, feels really good too. It's about time this bubble cracked.

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