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


To: Andeveron who wrote (6292)6/16/1998 10:08:00 PM
From: Mark Fowler  Respond to of 164684
 
Who knows, by the time it's over, AMZN may
be the Walmart of the Net and Bezos will own America, all paid for with
good as gold AMZN paper.<,

Amzn could very well be the walmart of the net, who knows? Bezos just keep announcing new add on businesses every six months. I can handle 200 percent a year.



To: Andeveron who wrote (6292)6/17/1998 12:55:00 AM
From: Mark Myword  Read Replies (3) | Respond to of 164684
 
>> Now, imagine if AMZN gets into e-tailing garden furniture. We'd be looking at another 50 point run while hapless shorts bemoan the fact that the valuation makes no sense and the bubble is about to pop.
And when the stocks begins to tank, AMZN simply announces that they're getting into something else. Who knows, by the time it's over, AMZN may be the Walmart of the Net and Bezos will own America, all paid for with good as gold AMZN paper.<<
Andeveron - If what you say is true, then the market has its head so far up, it'll never pull it out. The concept of paying $4 billion (present market cap) for a website is just completely f***ing absurd , and you and everybody else ought to know that.
This is a trading vehicle at this point , not an investment , and may go higher, but will surely revert to a much lower level soon. Regards