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Technology Stocks : CBS MarketWatch (NASDAQ:MKTW)
MKTW 16.74+1.6%Nov 5 3:59 PM EST

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To: sohony who wrote (454)1/19/1999 9:32:00 AM
From: George Coroneos   of 571
 
sohony:
I didn't mean to imply that MKTW has any of the financial or business characteristics of AMZN. Only that the stock performance should be similar. I recall not to long ago my desire to short AMZN at 80 and AOL at 26 (pre-split). The point is these stocks are trading higher without regard to earnings, fundamentals or sound business plans. This is a historic opportunity to accumulate significant wealth. I invest to produce profits, and momentum investing has produced monumental results in the past two years. Recently my wife, who knows nothing about investing but has learned to watch the ticker said, "You only have to buy the stocks that go up." Simple philosophy that works. No analysis - No fundamentals - No broker recommendations. Don't stand on the sidelines thinking I'm smarter than them. BUY THE ONES THAT GO UP.

Good luck

Geo.
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