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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.47+1.3%10:48 AM EST

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To: 16yearcycle who wrote (35021)1/14/1999 10:59:00 PM
From: hui zhou  Read Replies (2) of 164684
 
Interesting, I saw Cabbot newsletter's editor Carlton Lutt put a whole page of ads in IBD with a smile face photo inside. Mr Lutt, a momentum investor guru, said he recommended AMZN at 18 in the ads. He is the same guy also recommended the other notorious stocks like Presstek, Shiva, Centenary Technology,....Those momentum stocks all went up fast at beginning. But, if you check the chart now, you will find they all back to earth. Time will tell. For those who believe AMZN is the stock of the century and always has the power to go up fast, you better think twice. Is it wise for you to take the profit and put money into the other good use now?
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