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


To: KeepItSimple who wrote (62523)6/14/1999 8:27:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Impristine -- thanks. It is unrealistic to expect the average investor to go bungy jumping in the stock market and not puke up some stock. And when your bungy cords are tied wrong -- well everybody waiting in line is going to ask about the mess down on the rocks before they take their turn.



To: KeepItSimple who wrote (62523)6/14/1999 8:39:00 PM
From: dbblg  Read Replies (1) | Respond to of 164684
 
KIS:

Congrats. on your profits.

As far as the Motley Fool cult, I haven't read their stuff for a few years (couldn't stomach the writing style), but they used to preach avoiding all leverage, paying off all consumer debt before investing in the stock market, and keeping the half of your money that didn't go into growth stocks in high-yield Dow stocks. Kind of hard to imagine how people following that advice are going to be filing bankruptcy in droves, even when AOL hits 10 (as per your prediction) in a couple of weeks.



To: KeepItSimple who wrote (62523)6/14/1999 9:10:00 PM
From: Wesley Jack  Respond to of 164684
 
Hey Keep, you know actually I was feeling kind of down tonite, until I read MF's comments of the day. My portfolio didn't fare nearly as bad today, and I am substantially outperforming them YTD. By the way I'm not long AMZN but I just might be if tomorrow morning gets ugly.



To: KeepItSimple who wrote (62523)6/15/1999 2:45:00 AM
From: Dwight E. Karlsen  Respond to of 164684
 
KIS, that was truly pathetic. "Fool on!" (and oh, that 83% gain ytd that turned into -14%? don't worry about it! You don't like money anyway!)

The fact is, the Fools put blinders on when it came to valuation, and IMO, they simply got greedy.

I mean sure, "buy and hold" if you have world-dominating companies like MSFT and KO in your portfolio. The problem is, the Fools think that AMZN is the next MSFT or KO. And that's not at all a given.

I noted also how they derided the financial media's "Pavlovian" response to how severe the 'net drubbing has been. Well no $hit, Sherlock! The financial news media writes the news! I didn't hear any Foolish drivel about the "Pavlovian" financial news media when the Fool 'net stock picks were posting average daily gains of ~15% and on up to ~20% daily gains: No, the Fools simply basked in the gains, and there was nary a complaint about the non-stop coverage in every possible financial news outlet about the "powerful 'net stock rallies" sweeping the market.

They always come crashing back down eventually. E-bay stock had a bit of an "outage" of its own today. :-)