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

AMZN 227.90

+0.4%

Dec 9 3:59 PM EST

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To: Oeconomicus who wrote (5831)	6/12/1998 4:56:00 PM
From: Walter High	Read Replies (3) of 164684

On the other hand, Bob, have you ever heard any CEO (except maybe Buffett) say that his company was overvalued by the market, no matter how high the price was? I guess the company reps have to defend whatever the market values it at because the shareholders would scream bloody murder if they did say it was overvalued. Can you imagine the vitriol that would be directed toward a CEO who made the stock go down by saying it was overvalued? The culture forces one to defend what the market says. Walter High

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