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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.69+1.7%Dec 10 3:59 PM EST

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To: Oeconomicus who wrote (5831)6/12/1998 9:07:00 PM
From: Skeeter Bug  Read Replies (1) of 164684
 
bob, in manic bull markets company management is extremely touty and their word is gospel b/c it is what the bulls want to believe, oh so badly.

even if they are 0 for 10 in prior touts. the herd just keeps believing. xlnx had no growth for 6 qs in a row and each time management said next q would be great. finally the masses caught on - after 18 months of unadulterated bs.

this is nothing new. the herd over in amzn may be just as slow...
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