Amazon.com, Inc. (AMZN) Message Board

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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 (24626)	11/5/1998 7:42:00 PM
From: RFF	Read Replies (1) of 164684

That's only a small fraction of his holding, but I bet it feels good to have that chunk of cash safely in the bank. I don't see much downside for the net stocks as long a the market stays in this buying frenzy. This rally has been amazing. We've added over 1,500 Dow points in a month - 20%. In my opinion I think these money managers are nuts to be chasing each others buy orders, but when you consider the fact that the average age of these guys is around 30 and the fact that they are playing with other peoples money, I guess I might be willing to gamble as well. I think we'll see 8000 again before we see new highs. But at this rate, a new high could be here next week. Just dazed and confused.... Bob

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