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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%3:59 PM EST

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To: cellhigh who wrote ()3/24/1998 1:45:00 PM
From: Candle stick  Read Replies (1) of 164684
 
CNBC just ran a quick story comparing internet retailers (like AMZN) to the Home Shopping Network of the 1980"s and other like stocks. They pointed out that shoppping at home via TV was the "internet" of that time and that all the hype took Home Shopping Network to a split adjusted 47 1/2 in less than a year before the bubble burst and the stock collapsed to 12......

Hmmmmmm....AMZN is 85 in less than a year on a lot of hype from an intial IPO of 18....people have made 5 times their money in less than one year.....based on the Home Shopping analogy AMZN's bubble is just about to bust and the stock would fall to 21 dollars.............;^)
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