Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.88

-0.8%

3:59 PM EST

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To: Bill Harmond who wrote (110008)	10/9/2000 6:17:57 PM
From: Skeeter Bug	Read Replies (1) of 164684

william, look at this amzn chart... finance.yahoo.com a brief glance shows that bewteen ipo and late 1998 that approximately 3 mil shares traded / day at an avg price around $18. another brief glance show that since that time through the present, the avg daily volume is about 9 million and the avg buy price is over $60 (my guesstimate is $65). the stock is 30. many more shares were bought at an avg $60+ and are down $30 a share than were bought at $18 and are up $12. more shares. bigger loss. more time. now what don't you understand? as i said, the avg amzn investor has lost their butt. you say impossible, amzn has created wrealth. i say, expand your horizon beyon bezos and amzn insiders. the avg retail investor has their butt on a platter and it ain't pretty.

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