Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 246.26

+1.9%

3:59 PM EST

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To: Tom D who wrote (27603)	11/21/1998 8:43:00 PM
From: John O'Neill	Read Replies (2) of 164684

<<There is a staggering amount of money that is going to leave these stocks soon and try to find a new home. The demand for large-cap liquid internet stocks will continue to greatly exceed the supply in 1999.>> If Trillions of $$ are going to exit Dow stocks/etc due to their high multiples and go into internet stocks with little or negative earnings I'm going to seriously consider liquidation my real estate holdings (I've been thinking about this for some time)). If this kind of market thinking persists, the pop of the bubble will surely be truly devastating. Maybe AMZN at $ 10 million/ share could aborb a very small amount of this money. But where would consumers get any money to buy their stuff...? we'd all be broke after the bubble broke...

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