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


To: zax who wrote (14274)8/22/1998 2:17:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
Amazon.con is getting the recognition it deserves: over-priced, over-appreciated, over-hyped, yet to see competition but still loosing tons of money - how much better can it get?

The bulls have got their blinders on and are prancing around like a bunch of know-it-alls. About all they know is that hype has spurred the stock to monumental valuations. Yea its a good company and they have really nice people working there and a wonderful story for the tabloid financial analysts - but you have to be dellusional to think that Amazon.com is not over-valued. Can Amazongonenuts.com continue to go up? Of course it can - there are plenty of young internet enthusiasts, housewives and retired people who trust the judgement of their advisers or who believe the hype that they hear about the internet and are vulnerable to those who want to pick their pockets. Greed is good!