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


To: OtherChap who wrote (23193)10/27/1998 9:27:00 AM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
Ebay up another 10 in pre-market trading.. Absolutely amazing.. Either we are entering an entire new world of financial reasoning, or this is the bubble of all speculative bubbles..

Interesting, AOL, from whom all this action is supposed to be based (their earnings release) is only up 1/2 a point.

It's the money losing "secondary" internet stocks that are soaring through the roof.

Think they'll stick to their price target of 100 when it reaches 101??

It does seem that the street believes the 3:1 split will happen with AOL, and that Amazon will follow in their footsteps and do the same..

Or will their opportunities suddenly become brighter when their stock breaks above 100?



To: OtherChap who wrote (23193)10/27/1998 9:28:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 

I'm selling my shares at the open. This stock is too much trouble to keep track of, I'm
starting to see that the street is playing by a whole different set of rules when it comes to
AMZN, and I can't figure out those rules.. I need to learn to think more irrationally..
I'm sure there really really is a way to justify this price level, but I can't come up with it.


All can do is laugh because I have no clue.

Glenn



To: OtherChap who wrote (23193)10/27/1998 10:29:00 AM
From: Tom D  Read Replies (2) | Respond to of 164684
 
<<I'm starting to see that the street is playing by a whole different set of rules when it comes to AMZN, and I can't figure out those rules.. I need to learn to think more irrationally.. I'm sure there really really is a way to justify this price level, but I can't come up with it.>>

That is the most profound posting I have read in a while. It should have been the beginning of the opening posting on this thread. It seems to be a dominant and recurring theme for AMZN.

Best Regards,
Tom D