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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Tom D who wrote (33199)	1/7/1999 5:11:00 PM
From: llamaphlegm	Read Replies (3) of 164684

<<<AMZN is not "just keeping up" AMZN is NOT keeping up. If they were not adding new product lines, it would be easy to see that their growth in any single product line, such as books, is lagging overall internet ecommerce growth. We don't know what Bezos told the institutional analysts yesterday morning. Must be something that changes the rules of the game, in order for them to drive the price up further. I don't think we have the knowledge or tools to assess what AMZN will be like in a few years. But it is this future version, this dream, that we cannot see, because we are not on the inside, that is being bought into heavily by institutional investors. Tom D>>> Tom This is why you're great. You don't pretend that the winners in your portfolio (in the market) must 1. validate your own brilliance or even 2. justify the company's own hype. btw i don't think that the analysts are doing much thinking -- sometimes IIs just have to be invested because they are afraid to underperform. lp

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