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

To: Walter High who wrote (3205)	4/21/1998 9:11:00 AM
From: H James Morris	Respond to of 164684

LOS GATOS, Calif., April 21 /PRNewswire/ -- Red Brick(R) Systems, Inc. (Nasdaq: REDB), The Data Warehouse Company(R), today announced that Amazon.com(SM), Inc. (Nasdaq: AMZN), Earth's Biggest Bookstore(SM), has chosen Red Brick Warehouse for a strategic data warehouse to serve its customer base. Amazon.com chose Red Brick Warehouse, Red Brick's flagship relational database management server designed from the ground up for data warehousing, for its industry-leading features that support Amazon.com's large-scale requirements. "Our Internet retail business moves fast and has very different business drivers than conventional booksellers," said Rick Dalzell, CIO at Amazon.com. "At any point in a business day, we need to assess the performance of our customer offering and to have the ability to make changes based on that analysis. We believe Red Brick's data warehouse products and services give us an advantage in terms of serving our analysis needs. Our business depends on quick responses and Red Brick understands and supports that model."

To: Walter High who wrote (3205)	4/21/1998 9:17:00 AM
From: Winter	Read Replies (2) \| Respond to of 164684

Someone who believes a stock is way overvalued but buys it anyway and makes money may not be a fool, but he is very lucky. Throwing away logic and jumping in with the heard may work but its a scary ride. Eventually (long-term) stocks have to trade on fundamentals. This ignorant bliss mentality worries me, I hope amateur investors are not getting tangled up in this game, its fine for traders who can handle losses and get out quickly with profits but not for the average investor who will be complaining that he couldn't get through to his discount broker to sell his inet stocks the day the mkt collapses and hasn't hedged with puts. >>None of us have an inkling when such a mania will end, however, and I do think it is foolish to bet money on its imminent demise when only a short period of continuation can wipe out every dollar ones owns.<< The trick is take a short position that is not so over-extended that you can ride out being wrong for quite a while (and not be wiped out). It may be painful to short Ktel at 40 and then watch it soar to 80, but eventually I have to believe you will be right.

To: Walter High who wrote (3205)	4/21/1998 9:28:00 PM
From: Skeeter Bug	Respond to of 164684

>>If you are in category (2), the only evaluation of your judgment is whether or not you make any money.<< i disagree. the only measure of a fool is the risk they take to make money. you don't know whether you'll make money until it is over. that is not information that is available before making a decision to "invest." the risk reward on amzn at current levels is absurd and i believe the greater fools are stepping up to the plate. now, if you bought amzn at much lower prices then you could make an arguement that the potential reward offset much of the risk of owning a no money making, competition getting crunched, guaranteed to over pay, run of the mill mail order book company. but, not at current levels, imho. anybody holding at current levels is set for a huge haircut, imho.