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


To: Wizard who wrote (74228)8/17/1999 11:54:00 AM
From: Sabrejet  Respond to of 164684
 
You make some great assumptions on AMZN. Since you imply you are an investor and not a trader I will "assume" you have read the balance sheet on this thing. It's AWFUL. Forget the brand recognition argument and all that other crap. Those days are gone. This is a trading stock and not too good of an investment, IMO.

Good luck with it.

Sabre!



To: Wizard who wrote (74228)8/17/1999 12:29:00 PM
From: H James Morris  Respond to of 164684
 
>>. patience is tremendously valuable in a world of daytrading stock jocks. <<
Wizard, did you know it is estimated that only 5% of daytraders make $money. They need more than patience, they need a bankroll and should never be on margin.
If you don't trust me on that, ask the poor daytraders who used to visit here when amzn was @ 221.
They aren't around here any longer but there's several here that can give you their names.
Actually, Daytrader and Bateman comes to mind.