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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%Dec 1 3:59 PM EST

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To: Derrick P. who wrote (16028)9/4/1998 10:41:00 AM
From: Rob S.  Read Replies (2) of 164684
 
I think it will take several months for AMZN to do something like BLDPF and other stocks. What makes AMZN do boyant, IMO, is the huge popularity of the internet. Although speculators could imagine huge markets for Ballards' fuel cells, it's not something they could have direct experience with and that could demonstrate large increases in sales. The case for/against the business model ever making substantial profits is at least a couple of years away. I agree that we have been in a bear market for small cap stocks - the advance- decline line has been negative for several months. There has been a distortion between money flowing into ;arge caps and small cap stocks - I think we are 3-6 months away from a major bull market for the small caps.
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