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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST
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To: Glenn D. Rudolph who wrote (14636)8/26/1998 12:40:00 PM
From: Rob S.  Read Replies (2) of 164684
 
That's not so bad is it Glenn? I mean just an increase in losses from -$.45 to -$1.50 per share for year 12/99 isn't any reason why bulls shouldn't just charge ahead and buy more stock. In fact, I think it's a great reason to double up - how many companies are blessed by the gods of internet stockdom with increased losses so that they can fight off the pervasive nature of competition on the net? AMZN's logic is clearly superior: Amazon.con will change the technology of the internet so that they are the only ones who people can buy from - just buy up every company with a web bot or directory service with cheap stock and then give books away at losses until all competitors in the world are driven out of business and Amazon.con has amassed a debt that makes the Asian crisis look like a child's piggy bank in comparison. Yes, I see now . . . the vision of this company is incredible. No way they can lose; the next step is world domination!

Bulls, don't let all the earnings revisions from tech stock specialists like H & Q fool you! It's time to redouble your confidence based on the ability of the stock to trade at such high levels. Keep the faith baby at least until the VCs and insiders can claim their just reward for tanking up such large losses. Onward Amazon warriors!
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