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


To: llamaphlegm who wrote (17014)9/14/1998 11:46:00 AM
From: Mark Fowler  Read Replies (3) | Respond to of 164684
 
Ll, thanks for bring to my attention about all the negative press Amzn
has gotten lately, since the stock market sold off. Well to tell you the truth i've heard most of those negative arguments before on this thread, perhaps it's a contra indication. It still doesn't change my views of Amzn remain bullish. In my view the whole market has gotten ahead of itself and not just Amzn. The market still supports a hefty 21 PE on the S&P( the ave. 15) so i'm not inclined to load up on risky stocks in this market just now. However, i do own shrs., a set amount of shrs., in Amzn and do plan to hold them a long time and at times i'll add and subtract to that position.