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

To: Glenn D. Rudolph who wrote (19769)	10/2/1998 10:03:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Oc< There is no correlation between market cap and any fundamental I can find> You can keep digging and digging. Nothing changes. It was a $147ps concept. Nothing more, nothing else. But Morgan Stanley, Mary Meeker and William love it. To quote William earlier today "This is a great stock", or was he talking about the 'Things' stock price?

To: Glenn D. Rudolph who wrote (19769)	10/2/1998 10:29:00 PM
From: e. boolean	Read Replies (4) \| Respond to of 164684

Fundmentals mean nothing, news means nothing, TA means nothing. This is not a stock any more than three card monte is a card game. The only use for brains here is to try to guess who are the naive, earnest bears and who are the shill hypesters posing as bears and egging them on; who are the naive, earnest longs and who are the participants in the MS/Vinik Cockroach Fund pretending to be swooning over the fundamentals and egging the longs on. Threats of turning on the light seemed to cause some scuttling for cover yesterday, but as long as the INDU holds up, the game goes on. I regret any encouragement I may have given the bearish point of view with my posts, since it is accurate bearish insights that Dracula is feeding on. H.James, your warnings have not been strong enough. You should start every day with: Warning: this is not an actual stock. It is a con game posing as a stock. Good luck to you few dinosaurs who continue to value integrity and fair play, whether long or short, and those of you like Jan who are doing exactly what you claim to be doing. The rest may gain the world but lose something more important, but they probably won't even notice. e.b.

To: Glenn D. Rudolph who wrote (19769)	10/2/1998 11:08:00 PM
From: Gil Gilbertson	Respond to of 164684

There is little point in arguing the merits or demerits of Amazon. There are so many shares sold short that there is effect no float to speak of. This makes a great game for the big money boys to put the squeeze on whenever they suck in a new bunch of shorts. Very few are buying for other than a fast trip trying to outguess the pros. It is impossible to beat them, just as it is impossible to beat Las Vegas in the long run. We might get lucky today, but lose it tomorrow. There are only two ways to slow or halt this idiocy. 1. If the players who are feeding the frenzy take their chips and go home or go to another game. This isnt likely. 2. The other way is when the market makers make a deal with the company to float shares and cash in, then they can short all day without worry and presell a secondary issue of whatever size the market will bear. I believe this will happen soon and then it will be a new ballgame. Meantime someone is making a lot of money. Isnt it ridiculous that states say they dont want gambling,what do they think this is. It is the largest casino in the world and it passes for "Investment of ones capital" by displaying black leather chairs marble floors and bathrooms and Oak board rooms to look the part of the staid and trustworthy institution...The man said, "Who would buy a stock like this ?" as he shorted AMZN at 101 . He found out later in the day when he bought it back at 111.... happy gaming