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

To: Glenn D. Rudolph who wrote (109889)	10/8/2000 10:55:35 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 164685

>>Bascially, that is a transfer of wealth and not in a good way in my opinion. That's the way it always works. How's it bad?

To: Glenn D. Rudolph who wrote (109889)	10/9/2000 10:43:53 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164685

gdr, the insiders provided supply, for sure. the demand side was controlled by guinea pig portfolio mgrs and retail investors. they flat out wanted to buy amzn 10 times as mucvh when it was over 100 than when it was 3. why? probably didn't want to miss the boat the very road from 3 to 100. this retracement in amzn has KILLED the avg amzn investor. i bet a bunch of 1 stock/sector investors have been put out of the game for good. remember when it worked so well ;-)