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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: Candle stick who wrote (2955)4/11/1998 5:51:00 PM
From: John P. Henrie  Read Replies (2) of 164684
 
Re: AMZN = $2.3 billion???

If I am not mistaken, Ron was in IOM. Ron Do you remember IOM? For a while there, IOM could do no wrong. People who bought early made a lot of money. They made a lot money, that is, if they sold at the right time.

I remember the arguments. Most people who were long IOM scoffed at even the slightest notion of IOM's stock price falling. You should have seen some of the revenue projections. I see a lot of what happened with IOM then, happening here with AMZN. Right now, Internet Stocks are in and as long as the money keeps flowing their prices will rise. However, if the mood changes, it isn't going to be pleasant experience. My only advice is don't become too attached to a stock.

Good Luck,

John

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