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

To: Oeconomicus who wrote (1959)	3/4/1998 9:58:00 PM
From: Ken Pomaranski	Read Replies (3) \| Respond to of 164684

Yes, I do think it's contrarian investing. I believe that these threads represent a fair (but somewhat biased) cross-section of the general investment population. I'd say (based on numbers I've seen before) that for every poster here there are 50+ lurkers. I'm sure the lurkers form their opinions based on these threads. That means that there are VERY, VERY few longs controlling the move upwards in this stock. Eventually, the bears will start turning bullish. When this thread starts being taken over by the bulls, it may be time to move on. I've seen this happen several times. The pattern repeats over and over. What really attracted me to the stock was when I shopped for gifts directly online, had them gift-wrapped, and sent them off. The recipients loved it!! I loved it! I'll tell you something, the prices here are much less than at Waldenbooks, and Borders from which I 'used' to shop. Peter Lynch says buy what you like. I was VERY impressed with the site. I also know that the E-COM market is growing like NO OTHER MARKET. People trying to tie traditional valuations to buying early growth stocks are living in the past! By the time an early growth stock is 'cheap', all the good money has been made. (When I say living in the past, I mean the stock's past, which typically is a big ZERO for early growth companies.) Again, what's to stop AMZN from offering other products? games? computers? etc.. NOTHING!!! There's room for many players. By your guys's logic, there should only be ONE retail store in existence in the world. Only one will survive.. Right??? The short's logic is based on the assumption that only one player will survive the E-COM market. BRTUTYUUH or B&N will take over all!! AMZN won't adapt! E-COM isn't growing! C'mon, have some fun guys! kp