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


To: Greater Fool who wrote (86888)12/9/1999 11:10:00 PM
From: Derrick P.  Respond to of 164685
 
Greater Fool,

Apparently fundamentals don't apply anymore. Look at TYC, great cash flow and $2.50 est. next years earnings and it got down to $25/share today. A growth company that has lost 50% from it's highs based on a malicious rumor of aggressive account practices from David Tice. Tice manages the Prudent Bear fund that has been short Yhoo and Amzn and other high flyers so you'd think who would listen to him. Funny how the dirt sticks to some and not others.
Now the SEC has to check into things. Worst case they may have to revise their earning down 10%, but the stock holders have lost $45 billion. In the mean time a lot of hope and prayer stocks are going to the moon. Go figure.

Derrick