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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: Brett Behm who wrote (2729)4/2/1998 5:38:00 PM
From: Don Westermeyer  Read Replies (2) of 164684
 
I'm puzzled, how does a rational investor make money on a stock like AMZN?

Same way you make money off of 'beanie babies' - find someone that wants the stock more badly than you!

I imagine most small 'investors' in AMZN actually have pretty weak hands. Just need the float to increase to more than 10 million shares. Once that happens (if it ever does) AMZN had better be making about $4/share in earnings.

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