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

To: Candle stick who wrote (2972)	4/12/1998 2:37:00 PM
From: H James Morris	Respond to of 164684

Its a lovely Sunday morning here in San Diego and next to the final round of the masters this afternoon, all you gals/guys are making this a great day. Why? because I love this thread? I enjoy the opinions of a Tom D as much as a Candle Stick or visa versa. I'm entranced with Amzn because its probably the most hyped by the bulls and most criticized by the bears in America and what makes it even better it personifies the best of America, in respect to the freedom of speech, and thoughts and we all get to do it here on SI. We should respect the bearish thoughts of a Fleckenstein as much as the bullishness of a Morgan Stanley 'There appears to be no end, to the price appreciation of internet related stocks'. One problem that we'll, unfortunately, never get away from is, some investors think this a contest of they vs them. Bulls vs bears or visa versa. If someone new that is thinking about jumping in and joining the rest of the herd (America) and buying Amzn they should be as interested in what Candle Stick and Fleckenstein has to say, as I, a recent Amzn bear, should be very cognizant, of what Tom D has to say. There, enough said. I'm going to watch the masters and will listen/post my thoughts on Amzn, the most controversial stock in America (imhop, of course).

To: Candle stick who wrote (2972)	4/14/1998 12:39:00 AM
From: BelowTheCrowd	Read Replies (2) \| Respond to of 164684

Huh? What's amazing is how few people in the press actually bother checking out the garbage they write about. Buffett did NOT say that the market is not overvalued. He said, essentially, that if everything remains as good as it is right now, the market can sustain its current levels. He also said that in the current environment it is VERY difficult to find any good values in the equity market. My interpretation of his words: It's not overvalued if the situation stays as perfect as it is right now, but it's also not cheap. And if the situation gets just a little less perfect (like if cheap Asian exports start biting key US industries), then all of a sudden it might be hard for the market to sustain these levels. And yes, his own buying pattern seems to indicate how he really feels. mg