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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.95+1.8%3:30 PM EST

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To: Bill Harmond who wrote (25319)11/10/1998 1:23:00 AM
From: OtherChap  Read Replies (1) of 164684
 
Cramer is an idiot. Look, he's got so many ties to the internet industry that he simply cannot badmouth them. He knows those big net companies might buy his website, just like TMF, and he has turned into nothing more than yet another pimp for mo-mo investing.

Today he hit a new low by giving the reason he decided to buy Amazon stock.. "Amazon is going to take over the world."

Great. Now financial analysts are predicting world domination (i assume they will get into politics soon, eh?) by Amazon. Funny, even microsoft doesnt own the world yet they make billions in profits per year. According to Cramer's thesis, Bill Gates should be ruling over several solar systems by now.

Cramer just lost any shred of respect I may have had for him- he is now officially in the camp of the "greater fool" investment crowd- the ONLY thing that matters about a stock is that it keeps going up. I wonder why we don't just start inventing fake companies and just bidding them up? Its not like these pieces of crap pay dividends, so what underlying connection to reality do they have? None.

Cramer, I plan on letting my free trial subscription to your site expire. Even though Herb Greenberg seems to have a bit of a spine, you have shown to be nothing more than beholden to the lure of net dollars and a possible buyout.
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