Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

3:59 PM EST

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To: Bearded One who wrote (102167)	4/25/2000 9:19:00 PM
From: 16yearcycle	Read Replies (4) of 164684

"It's very simple. Stock price movements are the same as beanie-baby price movements. That everyone for a while says that something is worth X only works as long as people keep saying it. With nothing to support the price, it is in constant danger of collapsing." Let me note that this is your response to my question of you, asking you to explain how stocks are now a zero sum game, and money is lost when prices go up. You didn't answer that, and have also introduced us to some guy you initially suggested got creamed in the market, when in fact he ran 4500 dollars into some much larger amount, net. You then stated his gain was someone's loss. That's how we got to this point in my silly game. How was his gain, someone else loss? Tell me a company that has something "supporting" it's price. That would be a good place to start. How about KO? Berkshire? If you are looking for companies selling below book, isn't their book value dependent on arbitrary values placed on items by human beings? How do we arrive at the appropriate value of anything?

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