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


To: trouthead who wrote (8164)6/30/1998 3:25:00 PM
From: yard_man  Read Replies (1) | Respond to of 164687
 
I think we may be in the final stages of the internet craze fascination. There was the first stage: NSCP and the others which lit things up. There was the second stage when you had to own these stocks and people threw out PE and looked at the price compared to future revenues. There was a third stage: A rotation of money into the likes of AOL, service providers. There was a fourth stage of consolidation and the appearance of the "contenders." Now we are in the fifth stage where anything having to do with selling or providing any service over the internet has catapulted or dragged along even the most unlikely to succeed to stellar heights.

Prediction: Whole sector is significantly repriced much lower in less than 3 months, perhaps by September.



To: trouthead who wrote (8164)6/30/1998 3:28:00 PM
From: Glenn D. Rudolph  Respond to of 164687
 
The reason for these posts I make
Is my concern for thou arts sake
A cruel joke is Amazon
Short sellers scream this can't go on
Yet up and up it e'er climbs
as sideline weasels make silly rhyme

Now there's some Rhyme and Reason for you. ;^])


jb,

That was a really cute post. I do appreciate the concern. I also enjoyed your humor. Thank you.

Glenn