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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 3:59 PM EST
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To: Bill Harmond who wrote (17046)9/13/1998 11:46:00 AM
From: 16yearcycle  Read Replies (4) of 164684
 
I am a professional investor and have been reading Mr. Harmond's posts for 2 1/2 years. I have never seen anyone consistently call market and specific stock turns as well as him. This recent criticism is most amazing since he posted that things would turn up 30 minutes before the close Thursday, and we have witnessed a 250 point rally since. I first took note of him because he was on the opposite side from me on the nscp vs. msft thread. I have a large investment in MSFT and became curious how a smart guy would want to get in the way of this bulldozer. It became obvious, as he called nearly every major move in NSCP's price that he was making a fortune trading the stock. I gather from the posts here that most of you can't see or won't see the difference between investment and trading. In any case, you may be entirely correct that AMZN won't have a future, but hold onto your wallet if you get on the other side of a trade with Bill.

Let me add also that amzn and yhoo have had quite a fall now. If, in yhoo's case as an example, revenue growth continues on pace for 1 more year, yhoo will sell at ~20x revenue this time next year. Does anyone think that is too high? I would be very careful going forward because you guys are juggling with dynamite.
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