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


To: Hobie1Kenobe who wrote (135107)11/26/2001 10:38:24 PM
From: Victor Lazlo  Respond to of 164684
 
Yup, JF3, a 30% move since last Wed., translating into a market cap increase of over $1 billion based on hopes that gross sales this Q may be $200 million more than anticipated.... makes a lot of sense doesn't it?

Reminds me of when Corvis made a market cap move of well over $2 billion in less than two days based on news of some $600 mill gross deal... even though they still couldn't make any money at all.... It's simple arithematic, but most investors don't think that way.

But AMZN has never been an "investment" - it's always been a high octane trading vehicle.

Nice going on your trade btw...
Victor