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Technology Stocks : How high will Microsoft fly?
MSFT 478.29-1.8%3:59 PM EST

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To: LindyBill who wrote (13935)1/7/1999 3:05:00 PM
From: t2  Read Replies (2) of 74651
 
How Amazon can keep its price when it can't make money is beyond me!

LindyBill, This used to puzzle me a lot but I am starting to change my mind about this stock. 250 Million in sales last quarter and an incredible growth rate. Once the infrastructure is in place, they may be able to make a "ton" of money. The stock is also giving them a lot of publicity and helping with advertising -- everyone talks about it.
It may be one of the best buys in the internet craze but I am afraid to touch it. Trading today at 150 (ie 450 pre split !!!). Can all these investors be just insane. I am starting to think that some of them may be incredibly sharp people. Just my opinion.
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