Amazon.com, Inc. (AMZN) Message Board

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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: GST who wrote (143965)	7/22/2002 9:10:40 AM
From: Alomex	Read Replies (1) of 164684

Everybody wants "capitulation" -- thinking that capitulation is a spike down for a few hours and then a new bull suddenly emerges. Correct. A spike down is not capitulation. Capitulation is when there are no buyers left. None. It then takes years before people start dabbing in the market again. Are you still in a hurry to see capitulation? Not at all. I'm in a hurry to see stock prices return to sustainable levels. Once that happens investors can once again reward the profitable companies and punish the unprofitable ones (what a concept!).

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