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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST

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To: jawd who wrote (9089)7/6/1998 10:43:00 PM
From: Jeff Olson  Read Replies (3) of 164684
 
For every $20/share price increase, AMZN adds $1 billion in Market Cap. Now up to about $6.8 billion. When will it end one knows but based on past occurrences, look for the following:

1. Stock increases slow down, stay even, then start to fall.
2. Other companies start coming out of the wood works with similar type products.
3. Media consensus that industry stocks are over valued.

This is just amazing to watch, the billions being added every day is real money and you know this just can't go on forever. However if they do fall watch out, it could foretell the end of this Bull Market and the beginning of the Bear. It seems every Bull Market goes out with some kind of speculation bubble bursting.
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