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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.38+0.4%3:59 PM EST

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To: Oeconomicus who wrote (7245)6/23/1998 7:14:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

Al, if you want to argue that there are simply more fools, or perhaps traders who all
think they won't be the ones left holding the bag (they expect to be the lesser, as opposed
to greater, fools), demanding shares than there is supply of shares, I'd agree with you.
That seems fairly obvious. However, to argue that buying is based on any rational,
reasoned set of expectations about the future of this company is simply ludicrous.


Bob,

There was a lot more to your post than just this paragraph. I just want to tell you your posts are excellent and always well thought out.It is nice to know there are some people still watching this market that can analyze. Thank you for your contributions.

Glenn
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