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

To: Bill Harmond who wrote (90342)	1/8/2000 2:44:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Its got that bad that you now have to talk to yourself? I think your trip to Phoenix took something out of you. Do you bring those clowns over @ TMF in here just to piss me off? Like >So, perhaps the stock declined for other reasons. Perhaps the stock declined just because... well, just because it declined. This isn't a circular argument, it is in essence the truth. The stock declined because people sold it. Some sold it because they are thinking nearer term and they may believe the stock rose too high. (Or, some investors probably had near-term expectations that were too high, including the influential Mary Meeker. This serves to demonstrate why we believe that setting exact, near-term estimates is typically silly. You only miss a bar if you give yourself a bar to jump over. The focus should be on the longer-term, big picture, more than on one quarter's results to the dollar.) These clowns make no reference to any of the elephants selling? They make it sound like retailers like me and you affect Amzn's stock price. Why don't you give us an update on what Amzn's current institutional ownership % is? You won't be able to get that data from the clowns. Did you notice that even the baby elephant ISP fund that Sonny brought in here has dumped its Amzn stock? Reluctantly! I might add.