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

To: Bill Harmond who wrote (73809)	8/14/1999 3:53:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 164684

Posting return after a big move one way or the other is skewed by whatever recent extreme in sentiment. Remember what you said? "forget the stock, pay attention to the players"! Posting the returns have a big to do with the "touch" and "feel" of those important Amzn players.

To: Bill Harmond who wrote (73809)	8/15/1999 5:23:00 PM
From: Eric Wells	Read Replies (3) \| Respond to of 164684

>>Eric, I don't think it is any more useful than >>if you had posted their return on April 20. William - thanks for your message - and apologies for the delay in replying (I was at a wedding all day yesterday). You may find looking at the returns of internet stocks since the beginning of the year as having no constructive value. But I feel it is a good idea for an investor to look at returns over different periods to gain different perspectives of how an investment is doing. The AMZN bulls on this thread (and I include you in that group) seem to focus on what AMZN has done in the past - prior to this year. Well this year, AMZN has not done well to date - and I would assume that might cause some of the bulls here concern. Of course you could argue (as you have done) that we are at the end of a big swing down (which by the way, came after a big swing up) - and you could say the correction is over, bottom has been hit, we're going up now. I have a broker who regularly tells me "don't touch the internet stocks, you'll get your fingers burned - you'd be better off buying a blue-chip like Boeing". Well, the data for this years indicates that my broker is correct. You'd have more money now if you had bought Boeing at the beginning of this year than if you had bought AMZN. And if a new investor were to ask me "should I buy AMZN", I'd say "it's a big risk - oh and by the way, Amazon's performance for this year has lagged behind many of the blue-chips." If you feel there is no constructive value in looking at AMZN's performance since the beginning of the year, what timeframe do you feel is constructive for such an analysis? Or do you feel that the analysis of past performance has no constructive value? Thanks, -Eric Wells