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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.22-0.1%1:39 PM EST

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To: Bill Harmond who wrote (19789)10/3/1998 8:07:00 AM
From: H James Morris  Read Replies (1) of 164684
 
William< In any event this stock is being accumulated by institutions, who now own virtually the entire float, and they do their own due-diligence.>
I agree. What makes it even better for the Elephants is that the little retailer is doing no due-diligence what so ever.
The point here is risk. Who in the hell would pay $110 for a stock that might see $147 again but with the likelihood of it returning to planet earth and that's $20?
This 'Thing' is not to be messed with. Its for speculators, day traders, addicts and masochistic followers.
I really shouldn't be so hard on myself.
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