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


To: Victor Lazlo who wrote (123875)4/20/2001 12:42:23 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
victor, i am not making any comments re anecdotal stories of the thrill of victory or the agony of defeat.

please focus on what i'm saying - i really think it is self explanatory.

the average retail share purchased (regardless of buyer and time frame) was bought at about $37 since 1992 through present. some bought higher, some bought lower. some bought higher, lower and at $37, too.

the bottom line is the avg purchaser is down big on csco. since you made money, somebody offset your grocery money by losing vacation money.

this doesn't mean much on a micro level, however, i just want people to understand the *evil* that is a stock bubble. since 10, 20, 30 or more times people are buying near the high as compared to the low, money is lost very quickly and the end is pretty darn bad.