Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.82

+0.2%

10:07 AM EST

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To: Rob S. who wrote (19482)	10/1/1998 3:58:00 PM
From: Jay8088	Read Replies (1) of 164684

Notice that the AMZN volume is much lighter than YHOO and AOL on today's decline? It is because AMZN shareholders are in it for the long term - just like Warren Buffett! They don't get shaken out by day-to-day gyrations. In fact I bet a lot of them are buying heavily now that AMZN has corrected to low 100's. They also know that AMZN is not some hot shot high tech stocks like YHOO or CSCO. This is in effect a retail giant, a category killer on the e-commerce, Walmart on the net!! This is a business that you can understand unlike some search engines or portal mania. If you feel worried about this gyration, just ask yourself. Are people going to stop buying books and CD's tomorrow??? Not a chance!! There, you have the answer. :)

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