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

To: Mike M who wrote (8665)7/3/1998 3:17:00 PM
From: Satellite Mike  Respond to of 164684
 
It's the individual investor who is long on this stock
who will endure the most pain. When the mutual funds
dump (right when there's clear evidence that every
intelligent fund manager is ready to sell), it will
fall just as fast as Netscape did. The individual
investor, as always, will hold on hard, waiting for
the inevitable come-back. His psychology will be "it
was 150 just a month ago, it's gotta be worth more
than 25!"

Mike


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