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


To: Slumdog who wrote (119110)3/2/2001 9:07:51 PM
From: Mark Fowler  Respond to of 164684
 
I think it's in a nice up trend right now too early for a short. I can think see much better long plays Lmt is one and GM is starting a nice up trend. Mostly good shorts to go with right now that's where the easy money is.



To: Slumdog who wrote (119110)3/3/2001 12:09:37 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I just dont get it. Investors stepping up and buying this puppy near its high? Look at the PE??

D,

I would not touch it with a 10 foot pole. At least, it has earnings. Compare that to Amazon whic has huge losses that continue to grow larger. The market is a bit out of wack still in my opinion.

Glenn



To: Slumdog who wrote (119110)3/3/2001 10:48:46 PM
From: H James Morris  Respond to of 164684
 
>BUT high short interest and large % institutional ownership.
D, I'd say almost 90% elephant ownership is pretty large.
I used to be into Erts years ago, when Nintendo first set up shop in Seattle.
When you get to my age you'll lose interest in video games too! Mainly because your fingers aren't as quick as the kids who love to play them.
Btw
Those kids have got a 'Ton' of money!