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


To: H James Morris who wrote (107558)8/25/2000 8:33:40 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, what's your opinion on this? Mine is investors are trading on press releases which has
always been Amzn's No1 forte.<g>


James,

It is clear be the reaction the market is now momentum and press release driven. This confirms to me that there are a lot of novices in this market maybe myelf included<G>

The point is people are not investing. They purely speculating if they sell a firm that fast based on a press release not even confirmed. I suspect Bezos noticed this trend years ago;-)

I will always recall the Amazon press release that they would have a press release the following day that would change the face of e-commerce forever. It was tools. You believe they sold more than $1 million in tools total during the last year?