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

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To: Jeff Olson who wrote (3233)4/22/1998 1:06:00 AM
From: Skeeter Bug  Read Replies (1) of 164684
 
>>Skeeter, it's not the earnings that matter but rather the perception of what will happen in the future.<<

that perception is so obviously wrong that only greater fools believe it. it is merely an after the fact justification of greater fooldom. the same was true for iom at $56. asnd at $80. ntsc at $180. gems at $53.

this story is old. potential? to lose more money, yeah. the only guarantee that amzn gives you is that you paid too much. cmpexpress guarantees 5% off the total cost. and you know what? it is an easy 5% to save.

if mcdonalds started selling mail order burgers you'd probably pay 15 times revs. this is a no margin business.
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