Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Glenn D. Rudolph who wrote (115194)	1/12/2001 5:32:29 PM
From: GST	Read Replies (2) of 164684

Glenn: In a stock market bubble, hype rules. Stocks go up on press releases and statements with very weak or non-existent foundations. Valuation falls by the wayside until stocks peak and crash and then people get hurt. I came to this thread to speak against this dangerous style of "investing" -- arguing that people who invest in that manner stand to lose 90% of their money -- which in far too many cases turned out to be true. I have been consistent on this. I have earned all kinds of epitaphs for beating the drum of realistic metrics for valuation. I do not plan to stop now. William is one of the few people who persists in this type of hype IMO.

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