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

To: Mr. Tomatohead who wrote (74712)	8/19/1999 5:33:00 PM
From: McNabb Brothers	Respond to of 164684

Seems that all you have told me about AMZN is that they have great service, and I agree with you 100% on that. But what about making money???????? Yes I know it is coming, for that is what the bulls keep saying, but this bear says the money will not show up and if it does it will be no where near what you bulls think it will be or will support the market cap of AMZN is today! This is what makes a market a buyer and a seller. Good luck to you, all I need AMZN to do is just go side ways and can even go up a little for I'm selling the out of the money naked calls on AMZN! Hank

To: Mr. Tomatohead who wrote (74712)	8/19/1999 5:49:00 PM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

Mr. Tomatohead - while Mr. McNabb already replied to your post, I thought I would chime in as well. I feel that the only thing that is lending support to AMZN's current stock price is investor psychology - a psychology that drives people to have overly-optimistic views of an unknown future, a psychology that makes people think they can attain mountains of wealth with no effort other than buying AMZN, a psychology that makes people do irrational things because they fear missing the boat, being left in the poorhouse while everyone else who bought AMZN is buying mansions in Seattle. For more information on this investor psychology, I invite you to read my earlier post regarding transparent, floating spheres: Message 11006865 By the way - are you any relation to Mr. Potatohead? (sorry - I could not resist) Thanks, -Eric