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


To: Mark Myword who wrote (7278)6/24/1998 7:30:00 AM
From: Alomex  Respond to of 164684
 

If you can't see that this stock is so grossly overvalued based on their business prospects,

I can see that you are so emotionally involved with this stock that you can no longer calmly reason about it. I'll quote from my own message:

Don't get me wrong. This company is grossly overvalued, but it doesn't have collapsing fundamentals.

In fact, in the very message you replied to I compare AMZN to other companies that are "way ahead of their true value and/or risk-reward opportunity" and conclude that as long as they sort of deliver theywill hold their "lofty valuations" and in particular "MSFT is not worth 20x sales or 60x earnings if you ask me."

Then I said my advice on AMZN is "do not touch, neither short nor long" yet you write "good luck with your long."

No wonder you are loosing a fortune on this baby...