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

To: Oeconomicus who wrote (8423)	7/1/1998 11:46:00 PM
From: Mark Fowler	Read Replies (2) \| Respond to of 164684

No bob i'm not any of that just forget i said it. However some of you bears are foolishly obsessed with losing money it seems to me. Christ a stock goes up over 100 percent then breaks out again today to go on to god only knows how much higher, if that's isn't a sign to cover your loses well what does it take a hit over the head with a hammer? Hell you ask me i confused! I can't predict where this stock is going although my thinking is that it's a macro economic growth phenomena that is fueling this stock and because it's an internet darling of investors. I don't put much on valuation in this group just technicals and the macro economic picture for now. Yes fundamentals will come into play but that's down the road. Besides Amzn is cash flow positive with a high asset turnover. If they wanted to profitable they could be and i have stated this a million times, i think, well it seems like it. And any student of business will realize that the real world don't work like they say in those text books. Now is this is a mania, well it could be, but it's a risk i can deal with.

To: Oeconomicus who wrote (8423)	7/2/1998 12:03:00 AM
From: Mike M	Read Replies (2) \| Respond to of 164684

Bob- Thanks for a great post....Your articulate and reasoned comments are welcome respites from the innocuous comments of the dynamic and ever sensitive trio, Bateman, Fowler and jawd.... Somehow there is no justice in this world. I cringe at the thought of their "reported" gains in AMZN based on owning a stock simply because it is going up...It is far less disturbing to me that they might have those gains, however, than the way they flaunt them and the total lack of empathy felt for others. I believe, however, that what goes around comes around. That smug "I told you so" mentality will come back to haunt them someday.......... I have to laugh at Fowler's appeal to Glenn to go long this absurd stock...I am afraid that to encourage him or anyone to take either position in this scenario would be a disservice.....Manias have a life of their own and need no rhyme or reason for their actions... Unfortunately when this balloon pops, the manure it is made of will get on everyone..... Keep right on pointing out its flaws and, although, I will never again encourage someone to short this dangerous dog, when it is exposed for what it really is, I will toast your acumen as I cry in my beer for the pain and suffering many have already endured and others will soon befall.... The three stooges, of course, will have all gotten out at the top...after all, they uniquely "love their wives"..... Regards, Mike