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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST
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To: Lizzie Tudor who wrote (55165)5/4/1999 9:54:00 PM
From: Rob S.  Read Replies (1) of 164684
 
It's all about expectations and dreams. Of course the sales numbers are good - the Internet is growing like crazy and everybody looks like they are geniuses. But what this attracts is competition. Smart, well financed, and capable competition. Competition on the Internet has hardly started. It is like tiptoeing through the tulips now. It will be like doing belly flops on shards of glass within a couple of years.

But for now it;'s just a matter of an upset to the near term scenario of growth and losses. Soon we'll get the summer doldrums to quiet things down further. But then we'll see a build up for next fall/Christmas and the net commerce stocks will rise again on Great Expectations.

Or something like that ; ^)
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