Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tenpole who wrote (9152)	7/7/1998 4:34:00 AM
From: Dwight E. Karlsen	Respond to of 164684

I agree. $7Bn - not in a month of Sundays but right now that doesn't matter. People and, perish the thought, funds, want a slice of the future and as far as they can see, the future has got a big Amazon stamp on its backside. One thing good about funds -- once they are in AMZN, they will jump ship without hesitation if it looks like something is going wrong at the book distributor or "portal" or whatever. One thing we have all seen and both longs and shorts can unanimously agree on: The market reacts and moves like a stampeding herd of Buffalo - the old "pull the trigger now and ask questions later" investment strategy. This goes for both the ride up and the ride down. And the second doesn't always immediately follow the first. We can tell them they are wrong but if they don't want to believe us, they don't have to. Yet. yes. Once more of the mainstream funds are in these stocks, there just might be increased attention paid down the road to the business fundamentals of each player.