Amazon.com, Inc. (AMZN) Message Board

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

AMZN 235.23

+0.5%

3:14 PM EST

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To: Walter High who wrote (5412)	6/10/1998 4:56:00 PM
From: Ed Zhao	Read Replies (2) of 164684

>>I would like to ask the bears on this thread a question: Why do you think AMZN is going down imminently? << Because almost all other Internet stocks are well below all time highs. Even YHOO is nearly 15% off all time high. During the first round of Internet mania in late 1995, NSCP hold up well when other Internet stocks tumble. History does not repeat itself exactly but it's interesting to observe that NSCP the time spacing between NSCP's double top was exactly two month. AMZN surpassed old high by 10%, with help of stock the IPO of Inktomi and the split. >>Everyone knows that issue won't be decided for a long time, maybe several years.<< Everyone followed Motley Fool into IOM were convinced the Zip drive would be on every desktop and IOM would make billions in profit. That did not provent IOM from dropping 75% in a few months, for no appearant bad news. >>According to my calculations, Fowler invested less than $7,000 and is up over $20,000 as of today.<< Does he has an exit plan so not to leave a big chuck of his profit on the table. That's still an open question. XZ

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