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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%Dec 2 3:59 PM EST

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To: Bill Harmond who wrote (56058)5/9/1999 8:17:00 AM
From: H James Morris  Read Replies (1) of 164684
 
William, you've been sunbathing in your green house to long. Iomega, since 1977?? That's not true. Just this last year Amzn has been compared to Iomega many times, and don't forget Bre-X mining too.
It's coming up to the one year anniversary of the "Things" climb from 40 to over 1000. That's split adjusted of course. I wonder how many idiots are going be buying it? Pushing back up to 2000! Split adjusted that is.
Now, I don't want to give anyone the impression, that like Glenn R posts, Amzn will go busto. All I ever tried to say is this over-fed pigs stock price needs one hell of a correction.
221 to 136 in just a month is a sign that's happening. Don't you think??
Ps
I wonder if any speculator that paid 221 is still here. I know of one that paid 196. Thank god for him it was only 200 shares. When you've got 100,000 shares @ 40. I guess to buy another 200 close to its peak is not that very risky.

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