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


To: GST who wrote (110031)10/9/2000 10:20:04 PM
From: dbblg  Read Replies (2) | Respond to of 164684
 
>>The rape of the retail investor is such a common sight, I suppose it does not seem to matter to many.

GST,

Speaking as an individual investor who took a loss on my AMZN investment, I am a little baffled by how you get to "rape" from what appear to have been individuals' freely made investment choices.

Specifically wrt to AMZN:

Amazon and other Internet pure plays are very volatile. Because of that, Amazon.com should be a very small fraction of a long-term investor's portfolio. It shouldn't be any portion of a short-term investor's portfolio.

Jeff Bezos, January 26, 1999 .

Hope you are doing well,

Ganesh



To: GST who wrote (110031)10/9/2000 10:29:44 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
gst, "denial" ain't just a river in egypt. stocks end up 10 fold and the avg joe loses their butt. why? b/c nuts drove it up nearly 40 fold and bought 200% more shares while they did it!

amazonian, but true. this is why bubbles are bad news. the market is BIG since late last year but more folks are down big b/c they bought high - played the greater fool game and crowned themselves king.

if you think this is bad, wait until we regress to the mean where companies with no real profit outlook trade below $1 billion.