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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.38+0.1%Dec 24 12:59 PM EST

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To: marion (Hijacked) who wrote (25946)11/13/1998 7:46:00 PM
From: Rob S.  Read Replies (1) of 164684
 
*** Off Topic ****

Just another small ADSL local carrier that is targeting high-density locations. This is a growth industry but competitive. The speculation in this stock by naive investors thinking that AVCO had discovered the long searched for "holy grail" of shoving bits down common phone wires was incredibly stupid. Some rumors that they had figured out some miraculous way to increase bandwidth by 10x-100x over current technology were so dumb most telcom engineers would be in pain because they laughed so hard. For those lucky enough to get on the front end of the rumors and then sell toward the close yesterday, congratulations. For anyone left holding the bag, I hope you learned to look before you leap.
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