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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: Mark Fowler who wrote (5671)6/11/1998 11:25:00 PM
From: Mike M  Read Replies (2) of 164684
 
<<If your looking at Amzn on an arithmetic chart, don't take a parabola seriously. A log chart shows Amzn on a steady incline.>>

C'mon, that is what Hans said late in the tulip mania...we are going to get rich with these tulips...how can we miss....

Bulloney (sic)...As it begins, so it must end....We have no sense of value in a mania so it "always" goes way too far....Iomega, Presstek, MU, etc, etc, ad nauseam....the shorting and momentum players keep the merry-go-round going for a while but they all end up the same way...

Perhaps, this company will someday make a profit....but no one in their right mind should believe that this story will end up any different than the thousands that have preceded it.....People wondering why they are left holding a bag and who cannot explain why they bought it!

Too bad that shorts and momentum players have to be hurt but greed and fear will never be abolished in this game.

Mike
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