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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.56-0.8%3:10 PM EST

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To: Lao Ou who wrote (41018)2/18/1999 7:01:00 PM
From: Don Westermeyer  Read Replies (1) of 164684
 
Hostile Bullish Internut Investors On NPR broadcast

From a bear thread over at prudentbear.com

Posted By: tcollins <helic@mediaone.net>
Date: Thursday, 2/18/99, at 11:56 a.m.

On Wed morning's Diane Rheem Show on NPR, a 1 hour segment concerned the stock market. Two guests on the shows were typical financial advisors/ broker types. Normally these guys are bullish but they were expressing concerns for todays internet bubble. Y'all should have heard the hostile callers furious over their cautious sentiments. Nearly every caller wanted affirmation of their AMZN and YHOO investments. All were met with expressions of concerns over unrealistic valuations.

Many callers were angry as hell. One guy tried to justify ebay with the question,"what if Wallmart increased their floor traffic 300%? He was met with the fact that Wallmart makes a hell of a lot of money. The caller was furious.

It was facinating to hear the desperation this mania has caused in people's voices.
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