Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.95

+0.3%

3:59 PM EST

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To: Raiders who wrote (33100)	1/6/1999 11:49:00 PM
From: Randy Ellingson	Read Replies (1) of 164684

But seriously when people like Day Trader and others are simply going out of control that simply adds up to the fact that there is correction brewing and it is going to happen very soon. Might I suggest that DT is his/her own entity, and that there really aren't that many "others" with a similarly well-thought-out message <g> ? In contrast, I can't believe how many people now say that AMZN and other Internet stocks "must fall" significantly from here. The price action is just too weird to be explained solely by mania/speculation (isn't it?). Is it really possible that the vast majority of people buying AMZN today are doing so simply for a trade, and not for some real present v. future value? I don't think so. That's not to say that we won't see a sizeable pullback sometime, anytime. But this company is being looked at as more than 90% hot air by the market. Randy

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