Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.95

+0.3%

Dec 1 3:59 PM EST

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To: Oeconomicus who wrote (8423)	7/1/1998 11:46:00 PM
From: Mark Fowler	Read Replies (2) of 164684

No bob i'm not any of that just forget i said it. However some of you bears are foolishly obsessed with losing money it seems to me. Christ a stock goes up over 100 percent then breaks out again today to go on to god only knows how much higher, if that's isn't a sign to cover your loses well what does it take a hit over the head with a hammer? Hell you ask me i confused! I can't predict where this stock is going although my thinking is that it's a macro economic growth phenomena that is fueling this stock and because it's an internet darling of investors. I don't put much on valuation in this group just technicals and the macro economic picture for now. Yes fundamentals will come into play but that's down the road. Besides Amzn is cash flow positive with a high asset turnover. If they wanted to profitable they could be and i have stated this a million times, i think, well it seems like it. And any student of business will realize that the real world don't work like they say in those text books. Now is this is a mania, well it could be, but it's a risk i can deal with.

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