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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (61359)6/9/1999 11:00:00 AM
From: H James Morris  Respond to of 164684
 
>>Truth is, the stock splits mask the extent of the run-up in price precisely because there is no valuation method in use by many traders other than 'let me see, its trading at $100 now, and uh, that sounds cheap to me, uh, ya, uh, <<
Gst, that's why I keep bringing it up. Your so right!! An amateur investor thinks that $100 is a bargain even though she/he doesn't have a clue that he's really buying a $2000 stock.
Now, If your buying into a $2000 stock that's making big time profits, it might be worth the risk.
Do I need to say more??
Gst, do you know what Net stocks stands for in Dutch?? Tulips.
Hey, this mania has even got Glenn and me buying net stocks. We wished we'd started a year ago, and then got out a month ago. Trust me on that.