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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 210.32-5.6%Feb 6 9:30 AM EST

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To: Tom D who wrote (5916)6/13/1998 8:04:00 PM
From: jawd  Read Replies (3) of 164685
 
I dont see any problem with the CFO cashing her chips and buying mutual funds or treasuries; thats exactly what I would do. Only a fool leaves all his eggs in one basket.

Amazon is the standard by which all other internet store fronts are judged. They are leading the way. I don't understand the general bitterness. They are running a pioneering company as best they can. They have a huge customer base with much repeat business. They treat their customers excellently and the web site is really easy to use. Now, they are offering CD's as well. They will take all CD Now's business. They have other expansion ideas as well. They are grabbing huge market share and brand recognition.

Why the bitterness? Simply sour grapes from those shorts who in their own words "will never accept defeat". That attitude will result in financial ruin. It makes no sense to fight against the market. You can only profit if you want what the market wants. i.e. go with the flow.

Amazon is here to stay. Just look at the ads on TV. Look again at the progressive web site. Order a book. See the customer service. Ask DHL how many Amazon orders they are shipping worldwide.

I'm a day trader, but if I wanted a long term investment I'd go with Amazon and Yahoo. They are the Microsoft's of the future.

Shorting Amazon for more than a few minutes is madness.
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