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


To: JBL who wrote (25849)11/13/1998 3:00:00 AM
From: JBL  Read Replies (2) | Respond to of 164684
 
It's become kind of amusing to read financial commentaries these days.

Except for a few courageous ones, most authors are trying to stay neutral and refuse to mention the scam going on with net stocks...
They rationalize what is going on with whatever BS analysts are feeding them.

We are moving away from collective hallucination and into collective hypocrisy and cowardness. It won't be long before you know who is linked to this phenomenon.





To: JBL who wrote (25849)11/13/1998 3:32:00 AM
From: JBL  Respond to of 164684
 
<But while not all of these investments can be justified, analysts say many of them can.

''Generally speaking, Amazon has clearly earned their (stock price) relative to their competition,'' said Volpe Brown Whelan analyst Derek Brown. ''They are the No. 1 player in two online retailing categories (books and music) and their customer base is significantly greater than their closest competitor.''>

There it goes... The unwritten code of sell-side analysts to never question valuations in the industry is being broken. (Their company is crap, but MINE is fairly valued...) Oh really ?