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

To: Gary Korn who wrote (2751)	4/3/1998 1:37:00 AM
From: Ken Pomaranski	Read Replies (3) \| Respond to of 164684

<< But the problem with this play seems to be that intelligent doesn't matter. No one who was "smart" would buy a stock that is a decent candidate for bankruptcy >> Here's a tissue for you.... The crying on this thread is getting out-of-hand. I can't believe it. The problem with the bears is that they think that they are 'right' and the market is 'wrong'. Well, I hate to tell you, but the market follows it's own whims, and doesn't care what anyone thinks. It's much better to do what the market tells you to do. Study, study, study. watch prices, watch how trends start, end, reverse. Watch how price patterns develop, what happens when 'shocks' hit. Watch short squeezes, speculative bubbles, etc... Of course AMZN (et al) are in a speculative bubble.. WHO CARES???? Why try to fight it? The market won't turn by wishing it will. Yes, I GUARANTEE that we will see prices below 50 again. But when, who knows? I'll never try to 'guess'. It will be apparent when its happening. Calling people who buy this stock 'dumb, stupid, un-intelligent' is a bit harsh, don't you think? Maybe the bears can learn something from us 'dummies'. You also said: << Brilliant observation! >> to the post comparing B&N valuation to AMZN valuation... Well... That may certainly be true, but patting other bears on the back for making irrelevant, simple comparisons only leads to more propensity for a short squeeze. You might as well say "The sky is blue, therefore AMZN will fall tomorrow" kp