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

To: H James Morris who wrote (117337)	2/12/2001 2:30:55 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

hjm, your friend was very fortunate. what if i told you some people went from $0 to millions during the depression. it happened. ;-) man, you pick good friends, dude :-) i don't know your friend's investing style, but i'd say that his philosophy on betting amzn was bankrupt and he got extremely lucky (come one, a mail order company with a web site that had a money losing marketing strategy - yes, their marketing strategy waas to boost revenues by losing money!). perhaps he was one of the "depression millionaires" that made it out in march 2000. most didn't. the thing to remember is that time doesn't matter in investing - money does. far more money was put into amzn over the last 1.5 years than in the prior history of the company. far more. anybody that bought and held amzn since it was $15 on the way up has lost on this bow wow - my guess is about 90-95% of all buy and holders excluding insiders.