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

To: 10K a day who wrote (134562)	11/10/2001 9:21:37 PM
From: GST	Read Replies (1) \| Respond to of 164684

Buyers and sellers. When I buy and you sell I give you MY money. The future "worth" of what I bought depends on the next transaction price. No matter how much I paid, in the next minute after I buy it it is only worth what I can sell it for. But the person I bought it from has the opportunity to keep the money. In markets driven purely by absurd speculation, it seems as if maybe there is a free lunch. These are the moments when the price continues to rise and everybody who owns the "asset" feels rich. But they are still merely transferring money from one person to another to create the illusion. Nothing of lasting value was created. When the transfers slow down and the price falls, the only winners are the sellers. Everybody else is just a stupid chump. God bless the people who got rich by taking other people's money by persuading them to "buy their dream of being rich". Some people bought the dream, some people sold it. Only the sellers got rich.