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

To: H James Morris who wrote (107412)	8/23/2000 12:19:32 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

hjm, not true. the avg bull on amzn has list his/her butt. look at volume price charts. let me give a simple example. let's say 1 share is purchased in a given time frame for $1. now let's say 20 shares are purchased in the next time frame for $10. the avg purchase price is $9.57. if the stock drops to $5 in the next period, the "avg" investor has lost 48% of their investment even though purchases were made at $1 and $10. volume times price is key. sure, a few people bought low and sold high. many, many, many more people bought higher and are holding now. net result - massive losses.