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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: SLN who wrote (30901)12/22/1998 4:43:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
>If anyone wants to try to answer it, I'd love to hear.

I can give you the Amazon long's answer in advance:

"But it's different this time!"

Like I said before, no amount of factual information will convince newbie longs that they are investing in a tulipmania. The only thing that will convince them is when their brokerage accounts suddenly diminish by 90% one day.

Just as nobody would listen when I told them the stock was splitting on the 4th of Jan, not the 18th of Dec. No amount of facts made any difference- the only thing that drilled it into their skulls was Dec 18th coming and going with no split.
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