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


To: Bill Harmond who wrote (73954)8/15/1999 11:08:00 PM
From: Eric Wells  Read Replies (3) | Respond to of 164684
 
>>Absolutely!!! That's why I bought Amazon.

William - I can only assume from your short responses, and the fact that you have ignored some of the questions I have addressed to you(and it is certainly your right to ignore them), that you can identify nothing negative about buying or holding AMZN at the moment. If this is true, I would say that your evaluation of Amazon as a company, the AMZN stock, and current market conditions is lacking objectivity. I would have thought that even the staunchest of AMZN bulls would acknowledge that there is some risk to the stock as well as to Amazon's business model (Amazon even admits this much). But you appear unwilling to do so.

When I posted the YTD numbers yesterday (the post that started this discourse between you and I), I did so for the sole purpose of providing a different perspective on analyzing internet stocks. I also wanted to alert those that might not be aware of the fact that AMZN is down for the year. You've discounted my post as irrelevant with staccato responses in which you fail to answer further questions I pose to you. I hope for your sake that AMZN reaches stratospheric levels again - that you become fabulously wealthy off your investment. But for the sake of other individual investors that know little of market dynamics and are easily lulled into purchasing stocks based on questionable price targets by investment banking analysts, I hope AMZN declines to a price level that can be justified by the company's fundamentals - because if it doesn't, then many investors are likely to lose more money, which could quite possibly damage our economy.

Thanks for your comments.
-Eric Wells