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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Bill Harmond who wrote (13643)8/15/1998 9:47:00 PM
From: llamaphlegm  Read Replies (1) of 164684
 
William:

You wrote

<<<As long as a stock is outperforming the S&P 500 there is no motivation for institutions
to sell it, unless some catalyst comes along to change fundamental perceptions. >>>

Um, have you been reading the 10Q postings, noticed the news of LCOS, XCIT, et al the past few weeks, seen the business wire release on Bertelsmann???

Those are real changes and sooner rather later the momo, already sputtering out, will collapse, institutions will bail for good and retail investors who don't know a 10Q from tenpin will run like hell. How soon? I have no idea at all. But the fundamentals, never good, are changing drastically for the worse and the perception will catch up soon enough.

JMHO

LP
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