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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 3:59 PM EST

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To: H James Morris who wrote (19816)10/3/1998 4:21:00 PM
From: e. boolean  Read Replies (1) of 164684
 
>>Who in the hell are the idiots that Morgan Stanley sold this Junk to??

What if there were no outside buyers at all, just members of the keiretsu who sunk the $325m as part of the cost of supporting the whole pyramid? Clearly these companies -- YHOO, Softbank, Ziff-Davis, the 'Thing' are all in bed with each other, and all benefit from the illusion of prosperity. What happened to the money from YHOO's secondary?

e.b.

Warning: abnormal market forces are at work in this stock. Do not construe obvious overvaluation to mean it will not increase fivefold over the next year just because it can.
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