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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.10-1.4%Dec 4 3:59 PM EST

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To: Andeveron who wrote (6292)6/17/1998 12:55:00 AM
From: Mark Myword  Read Replies (3) of 164684
 
>> Now, imagine if AMZN gets into e-tailing garden furniture. We'd be looking at another 50 point run while hapless shorts bemoan the fact that the valuation makes no sense and the bubble is about to pop.
And when the stocks begins to tank, AMZN simply announces that they're getting into something else. Who knows, by the time it's over, AMZN may be the Walmart of the Net and Bezos will own America, all paid for with good as gold AMZN paper.<<
Andeveron - If what you say is true, then the market has its head so far up, it'll never pull it out. The concept of paying $4 billion (present market cap) for a website is just completely f***ing absurd , and you and everybody else ought to know that.
This is a trading vehicle at this point , not an investment , and may go higher, but will surely revert to a much lower level soon. Regards
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