Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.95

+0.3%

3:59 PM EST

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To: H James Morris who wrote (16434)	9/8/1998 7:30:00 PM
From: OtherChap	Read Replies (1) of 164684

Interesting. Amazon finished 2 points below its opening price even though the Nasdaq was up nearly 100 points. If the MOMO investors are gone, who is left? Has anyone ever speculated if retail investors alone are enough to keep this stock trading with a P/E of 500?? I admit this stock is starting to confuse me. But today's action suggests a top has formed.. If there ever was a day for amazon to soar 20 points, today way it.. But it didn't happen by a long shot. William, got any ideas?

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