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


To: Mike M who wrote (5692)6/11/1998 11:54:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
MikeM, you wrote<and momentum players have to be hurt >
Are you nuts? In 3 days the momentum players have rode Amzn, from 40 to 62. The shorts have rode Amzn from 62 to 40.



To: Mike M who wrote (5692)6/12/1998 12:21:00 AM
From: F The  Read Replies (2) | Respond to of 164684
 
>> Perhaps, this company will someday make a profit....but no one in their right mind should believe that this story will end up any different than the thousands that have preceded it.....People wondering why they are left holding a bag and who cannot explain why they bought it!<<

MM, You are right!It is nothing new, history repeats itself. There will be lots of victims for longs (who pay top price) and shorts at the end. This is a pyramid scheme, not a win-win situation and not productive. I don't know why I am in it, can't get out from the bear trap.