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


To: Sarmad Y. Hermiz who wrote (103705)5/21/2000 9:39:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
think you would. Remember he invited everyone to come and have lunch as his guest a year
ago. But WH just refused. Maybe if they broke bread together we would all just get along.


I do not recall that but am not doubting it. I get along with KIS. I just have a great dislike for lying.

For an interesting chart look at mstr.
From 333 to 20 in a month.


They were improperly accounting for revenue and had to restate. They are not a well run company in my opinion.

What is surprising is that it
had rallies along the way sometimes going up 20 dollars a day. So who were the idiots buying
it ? And when does their money run out ?


I do not have clue but is it possible it was short covering and the float is low? I do not really follow the company.



To: Sarmad Y. Hermiz who wrote (103705)5/21/2000 10:31:00 AM
From: Randy Ellingson  Read Replies (1) | Respond to of 164684
 
I also think the people who buy the fool stocks at this late date are just setting themselves up for a steep loss.

Is AMZN a "fool" stock, or does that go without saying?



To: Sarmad Y. Hermiz who wrote (103705)5/21/2000 3:00:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
sarmad,

i think you will like this quote (especially the last sentence...

Mr. Buffett called the current situation ?precautionary to us? as professional investors. ?It does not spell opportunity.? But, he said, ?The ability to monetize share holding ignorance has never been exceeded.?