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


To: Oeconomicus who wrote (2630)4/1/1998 9:40:00 AM
From: Candle stick  Read Replies (3) | Respond to of 164684
 
James Cramer on CNBC just said..."I am long Yahoo! Only a fool would not be long Yahoo!"

If thats not the top I will eat my keyboard....whenever one of these loudmouth momentum CNBC shock analysts get on CNBC and say something like that, its usually a clear sign that
everyone thinks its so "easy" to make money you need not even think about
it........what exactly justifies the internet sectors crazy valuations is still a mystery to me
and even most analysts. No one has yet to provide a solid analysis.......the sector is
working on the "greater fool" theory, whereby I buy today because tomorrow there
will be a bigger fool willing to pay more to me......no reason to buy other that it keeps
going up....soon as the fools are all used up...CRASH!........;^)

P.S. Have you noticed that there is no longer any volume in AMZN at the opening and for at least the first hour of the day?