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

To: OtherChap who wrote (16480)	9/9/1998 9:51:00 AM
From: OtherChap	Read Replies (1) \| Respond to of 164684

Daytraders back in force. Bid 91/ Ask 91 3/8. Tons of small buy orders coming in, while a steady chunk of large sells at the bid. It looks as if I was correct in my earlier hypothesis- the only people buying this stock now are small retail investors- and you can bet your ass they don't read the wall street journal, much less know what a P/E is. All they know is that "Amazon is the only company on the internet making money!" (heh, heh, I love when someone tells me that and I rip them apart) Update- AMZN seems to be following the market today, and nothing more. The nasdaq is about to turn positive and it looks like AMZN is as well.. This also leads me to think there are no MOMO's left in here, just lemming hordes of small retail investors. Can they hold up this stocks valuation with no help?