Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Jan Crawley who wrote (10335)	7/14/1998 5:21:00 PM
From: SimpleInvestor	Read Replies (2) of 164684

Some people wonder who is buying at this level. Here is an example. And it is from a big bear of amazon. Since I have been holding AMZN for over a year, I believe that MOST amazon investors, who I assumes were in long time ago, will not sell at all. Since every people/media on the street claim AMZN is rediculously overvalued, people who has never short AMZN will want to give it a try, only found that momentum player drive it up. That turn themself into new momentum players. This cycle goes until AMZN start showing signs of revenue slow down. Therefore, I will not sell until I SEE the time when AMZNs' revenue stops growing. I hope every long time investor of AMZN do the same. Good luck to long and short. SimpleInvestor

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