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


To: Glenn D. Rudolph who wrote (118652)2/27/2001 2:42:54 AM
From: Skeeter Bug  Respond to of 164684
 
>>The problem is I have been incorrect time and time again in this area.<<

gd, yes, but rationality is returning to the markets. when this hangover hits, it is going to be nasty. what if i told you that avg retail buy price over the last 3 years was higher than current stock prices? it is probably more like 4 or 5 years in the techs. amazing, but true...

buy 10 of something at 3 times the price you purchased a single item for and watch what happens when the price gets cut in half... OUCH! there is blood in the streets now... or should i say gas... now all it will take is a match to set this nonsense ablaze...

ps - the blodget article was a response to a baron's article that called him a "raging" bull on amazon - he took issue with "raging." ;-)