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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.69+1.7%Dec 10 3:59 PM EST

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To: Mark Fowler who wrote (30727)12/21/1998 1:40:00 PM
From: KeepItSimple  Read Replies (2) of 164684
 
> A good percentage of it...as Msft, Intc, and Csco.

I suppose you have no idea how physically high a barrier of entry those three companies command?

It's funny how internut bulls say the same thing about every net company that appears on the market every week or so. If these barriers to entry were so huge, why are more net stocks appearing every day? And ALL of them are being valued as if they were profitable monopolies.

Ebay can be replicated easily, as anyone who hops over to yahoo's website can tell you. There are dozens of search engines. There are thousands of companies selling products online.

Like I say- the bulls have made so much money that NOTHING will convince them that they aren't caught up in a mania. The only thing that will convince them is when they lose all their money.

You can trust me on that.
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