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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST
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To: Bill Harmond who wrote (14398)8/23/1998 2:36:00 PM
From: zax  Read Replies (1) of 164684
 
Why not Yahoo or AOL? Yahoo's strength relative to the market has been consistently accelerating.

You clearly subscribe the the belief that might makes right, William.

Some of us believe that there are other indicators of future success for a company besides relatively recent historical stock performance.

Those completely passe concepts like valuation principle and price to earnings ratios, and even plain old profitability seem to have stuck with us old timers, who will certainly be punished for believing that there just might be other potentially rewarding places in the marketplace to invest our money besides the 'nifty fifty'. Perhaps when AMZNs profits exceed the GNP of the United States, just a little of the wealth might trickle down to some of us.

I hope that we can pack the momos as tightly together onto this AMZN tanker before the iceberg hits. :)

I don't believe that there are even a handfull of traditional value investors left on the AMZN boat... just hedgers and momos.

In Genesis 18 Abraham prayed for the city of Sodom--that God would spare the city "if only 10 (faithful people) be found there"(18:32). God agreed, but chapter 19 reveals the sad truth about the city of Sodom.
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