Amazon.com, Inc. (AMZN) Message Board

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

AMZN 219.59

-1.4%

1:24 PM EST

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To: Radim Parchansky who wrote (27975)	11/24/1998 7:52:00 AM
From: Raymund W	Read Replies (1) of 164684

Anyone who invests in AMZN right now is nuts, either long or short. For the longs, there is huge risk that the bubble will burst, and it could get cut in half or more in days. For shorts, there's risk that the irrational exuberance could continue. Actually, AMZN stock is only barely tied to the company Amazon.com. The company's real value is perhaps a billion, if that (as opposed to the market cap, which is ten or so billion), but it has transcended intrinsic value to become a medium for very risky gambling. At some point, the bubble will burst, but nobody can know when.

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