Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.23

+1.8%

12:59 PM EST

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To: Robert Duncan who wrote (9588)	7/9/1998 2:33:00 AM
From: mchip	Read Replies (1) of 164684

Yes I agree the Fools are being foolish. but they are sticking by their investment style- buy and hold. It's a great strategy for people who only want to look at their investments for a few hours a year, for those that look at them for a few hours a day... it's crazy. I like the Fools, I've learned lots from them, but on this one they are foolish. Amazon is not a 'high quality' stock. Yes.. I don't think they will go to zero, but they will not see the loyality that grew AOL. B&N books are cheaper, Borders will compete soon and it's much easier to switch where you BUY stuff than to switch access providers. The Fools have 580 shares at a price of $19. I'd sell 480@107 and let the 100 ride the long term, and use the $42240 profit for something new(480@107 - 480@19 = $42240) those Fools are crazy!

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