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


To: Caroline who wrote (3741)4/30/1998 9:57:00 PM
From: Mark Myword  Read Replies (1) | Respond to of 164684
 
> > Why do you argue with me as though I'm a stockholder. <<
Sorry , I don't mean to argue , just trying to point out the reasons why Amazon is overvalued. I feel that if we weren't in the middle of a bull market frenzy , an internet mania , and some of the worst and most dishonest stock-hyping I've ever seen , a company like Amazon would be trading at about $10 , maybe less. There is a very calculated effort being made by the promoters of these internet stocks and the MMs to get the prices up and keep them there. I feel that a lot of uninformed people (thinking they are making a good "investment" ) are going to lose serious money because of these shenanigans.
If you're a satisfied Amazon customer , that's fine . I have bought about five books from them in the last four months , and they are O.K. at getting the order processed , shipping , etc. That's not really my concern , as much as the promotion and mis-information campaign that is going on. That's all.