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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST
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To: OtherChap who wrote (19748)10/3/1998 12:38:00 AM
From: Bill Harmond  Read Replies (1) of 164684
 
>>I've been in the valley long enough and know enough people who've worked at startups and their exit strategy is ALWAYS the same. Get in, cash out, move on. It is NEVER to make a profit. What do they care about profit if they can unload 20 million dollars of stock onto a bunch of people that have been convinced by analysts (most of which usually helped underwrite the stock in the first place) that stocks such as Amzn are actually investments, instead of pyramid schemes.

You're hanging with the wrong crowd.

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