Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: Randy Ellingson who wrote (34512)	1/13/1999 12:07:00 AM
From: Mark Myword	Read Replies (2) of 164684

>>That's funny, since today AMZN was bought and sold many times by many people for more than $160. Seems as though most people haven't read your post about it only being worth $10...<<< No, Randy, the really funny part is that all the morons buying this ridiculous stock actually think they are going to make money by doing so. They don't seem to realize they are involved in a gigantic gambling event in which most of them will lose a ton of money, perhaps everything they have. Amazon remains a ludicrously overvalued stock that has completely disconnected from the reality that it is a money-losing electronic ordertaker, which will eventually trade on its true earnings, if there ever are any, and that will be in the low single digits once all the splits are over with. This is a gambling mania, pure and simple, masquerading as a legitimate investment with the help of the self-interested crooks who run the casino....wake up, sell your AMZN if you have any, and get the hell out before it's too late. Ciao.

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