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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.54-1.2%10:18 AM EST

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To: H James Morris who wrote (38442)2/6/1999 12:45:00 PM
From: Rob S.  Read Replies (2) of 164684
 
There isn't much to judge these stocks on except momentum (timing). All we really know is that they have a great deal of attention, the overall market is growing rapidly and investors have flooded into them. Eventual market shares or profits is just guess work.

One other thing that is certain is that much more money has traded hands in the stocks of Amazon and other Internet companies than has been recorded in sales by these companies. Think about it. How many billions have crossed the trading floors and computers - they dwarf the trade in books and other things. What people want more than a nice read is to get get rich on Internet speculation. Is it just me or does this seem slanted way out of proportion?
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