Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.49

+0.2%

Dec 30 3:59 PM EST

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To: dennis michael patterson who wrote (35259)	1/17/1999 11:15:00 PM
From: KeepItSimple	Read Replies (3) of 164684

Why is it that literally the only justification Amazon longs can come up with for Amazon's insane valuation is a pathetic referral to Microsoft, Cisco, or Dell?? Do you freaking idiots not realize that those companies were PROFITABLE long before they ever went public? Do you base your comparison solely on any respectable tech stock you can find that has a high price? You know, in the penny stock fraud arena, every single scam company is touted as "the next microsoft".. Amazon is a mania, and Amazon is a unprofitable bookseller that was never intended to make any money other than for the insiders. I have at least a shred of aspect for the longs that are trading this knowing it is a pyramid scheme, but people that try and justify AMZNs market cap by comparing it to companies that actually make money give me the urge to puke. >People said Dell and Csco and many techs were "manias."

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