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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 228.44

+0.5%

3:59 PM EST

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To: Oeconomicus who wrote (3021)	4/14/1998 2:14:00 PM
From: Tom D	Read Replies (3) of 164684

May be mass hysteria. Question is, if it is mass hysteria, where and when will we see the top? Can this go on for another quarter, another year(s)? The collapse of this stock price was predicted when the insiders shares were unlocked in November. The collapse was again predicted when Q1 98 sales were expected to be reported as below those of Q4 97 due to the holiday effect and BKS coming on-line. I think AMZN is an unpredictable beast. I wouldn't buy in at this price, but I'm happy to let my profits ride, for better or worse. imho, I don't think we are at the top now, or that it is coming soon. If you or Candlestick think you know where and when this is going to turn down, place your bets and I wish you well. I am appreciative of the sobering perspective that you contribute to this thread. We both need to listen to each other--(or at least I think I need to listen to you). Tom D

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