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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: Jan Crawley who wrote (107728)8/31/2000 7:30:50 PM
From: Sarmad Y. Hermiz  Read Replies (3) of 164684
 
>> the new-eco thread is a nice place to be if "trying to making Amzn$$" is your primary objective instead of just talking about it.
<<

Hi, Jan. I see you've been making $$ on a variety of stuff, long and short. My point was the price of these "new econ" stocks has nothing to do with any meaningful measurement. The price of Amzn has only to do with how much the brokers are pumping it, and how receptive the speculators are to the pump. This guy Jon (I hope that's not you with altered spelling!) complains that nobody talks about AMZN. If anyone takes seriously any news about Amazon, they're nuts. The price goes up, the price goes down. And any news is irrelevant. The news re amzn has been the same fore-ever. They lose money on each and every transaction. They lose money every day, week, month, quarter and year in their existence. Why does the price gyrate even though that fact is constant ?
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