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

To: Glenn D. Rudolph who wrote (103976)	5/24/2000 11:26:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> Who was that? Well I don't want to name names, but do the initials GDR sound familiar ? Anyway I hope we get a bounce up for your sake, (and so I can short it at 70). But really Glenn, don't you think the dotcom thing has gotten old ? I keep a screen of the dotcoms that fell, and didn't get up and never will. Like eeln, intm, etoys, pcln, efax, ivil, and many others. In their heyday, Someone said all these profitless companies will be trading under $5/sh, no matter how high they've been. It's happening. Remember all the 10x talk for these silly stocks ? The people who did the talk sold and moved on. Their game is discovering new stock where the silliness can be disguised under rev growth or eyballs or clicks, or whatever. Everything except profits. They run them up, sell and move on. And the believers who aren't so quick, or who don't understand the game, they are stuck. I think that's why HJ harps on the fact that you seldom see a post saying I sold. Only when you ask are you still holding xyz, they say, oh no, I sold on March 13 at 200, or whatever. And the trusting person thought it was a long term hold. I am not saying there is dis-honesty. What I dislike about the so called new econ investing is that is is just disguised momentum/greater fool speculation. But they won't admit it. Good luck, -Sarmad