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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.08-0.2%Dec 29 3:59 PM EST

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To: H James Morris who wrote (125297)5/19/2001 8:14:42 PM
From: craig crawford  Read Replies (1) of 164684
 
>> What's wrong with concept stocks if you can make money on them? <<

Not a thing. Have at it. I just bought calls on HPOW last week when it broke out above 10. I like them because they might be an interesting play on stationary power, which is a more near-term use considering all the blackouts. Fuel cells in cars are several years away.
quote.yahoo.com

>> Amazon.com was a concept stock and look how much money was made on it until Dec 1999. Amazon didn't back off until reality set in and Wall Street started to demand profits. <<

Yes, but we were in a bull market. Concepts don't fly as well in bear markets. Most fuel cell companies won't make profits for years, if at all. At least BLDP has big backers and lots of patents. I don't believe the energy crisis is going away anytime soon so these stocks could go crazy.

Energy and alternative energy is something I am focusing on very closely.

Trust me on that.
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