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


To: radames who wrote (74358)8/17/1999 11:07:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
>but we may see some profit taking for the rest of the week,,

No you wont. These stocks have at least another 2 months worth of spectacular climbs left. Don't expect to see any of them go down anytime soon.

They tested their bottom, and the analysts all jumped in and said "buy, buy!" and CNBC says "it's a bottom" every 10 minutes, and they do a segment entitled "is now the time to get back into those internet stocks?" (answer, yes, as the analysts who are interviewed are invariably pimping for underwriting business- after all if you are going to IPO, are you going to pick an underwriter who will shamelessly lie and hype your stock, or are you going to pick someone who tells the truth and says your offering is an engineered financial scam?)