Amazon.com, Inc. (AMZN) Message Board

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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)	8/16/1998 7:11:00 PM
From: Rob S.	Read Replies (2) of 164684

I think we are perfectly aware of that. I am also aware that fools are learning that Amazon.com is way over valued. To the bulls - please, please throw your hard-earned money at Amazon.com stock while at this price level. By all means, bid the price up as I have been urging bulls to do for the past few weeks. Each time you throw your money at the stock at these levels, smart investors and insiders are pocketing huge profits and shorts are taking advantage of the nice run up to sell. We need manic enthusiasm to make the stock a good trading vehicle. If the stock were a stable performer, trading it would be impossible. So, if you are confident that the stock will not retreat, then buy it now. If you don't buy it, then the shorts will sell it and force the price down. I think Amazon.com is a good speculative start-up company that may be worth half the present stock price. I think it will continue to retreat over the next several days. I hope that it goes down and up repeatedly but am convinced that the trend is down.

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