Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: snoman who wrote (8643)	7/3/1998 12:57:00 PM
From: Dwight E. Karlsen	Read Replies (2) of 164684

What is this Amazon magic I am missing? That's the joke. There is no magic in Amazon.com. There are only a group of momentum players who have taken control of the float. In a falling tech market yesterday, AMZN traded more shares than MSFT and CSCO, and went up another 10 pts, adding to the 14 it went up the day before. Is AMZN a more important company than MSFT or CSCO? Because they have a bunch of Sun servers and a warehouse full of books? Is that really worth $6.6 billion? NOT.

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