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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST

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To: Glenn D. Rudolph who wrote (123857)4/19/2001 8:07:23 PM
From: Skeeter Bug  Read Replies (1) of 164684
 
gdr, that is the fallacy. for every person that did that, there were 50 people bought in at $80.

maybe the buys at $80 were the same guy...

the fools tried to tout that the naz was up from 5 years ago. so what? if i bought 1 share $1 and 500 shares 1t $100, is it reasonable and rational to tout the current 100% gain on my $1 investment to $2 (current price)?

no way. the way i did it is the *only* way to arrive at the correct answer to the price of the avg retail share bought.

it just shows that the fools are truth in advertising - in name, anyway.
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