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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Tom D who wrote (6209)6/16/1998 3:36:00 PM
From: Walter High  Read Replies (1) of 164684
 
Tom D:

I believe you are correct about the catalysts. For this stock to drop (as in plunge), it will need a catalyst, not just verbiage about being overvalued. If AMZN can show sales growth in line with expectations, the faithful are not going to lose faith. I think there are enough people out there who feel this is going to be the next MSFT or INTC and don't want to be left behind. Remember the stuff about investing $10 grand and being a millionaire 15 years later? I bet that a lot of people are thinking along those lines with AMZN.

Walter High
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