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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (3761)	11/17/1998 8:29:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

Gotta love AMZN! I'm jealous of the people that rode that rocket, I'm also jealous of the guy that's going to call the top. Let's see, AMZN added another $1 billion+ in market cap today simply by announcing they were going to sell videos and toys. I figure all they have to do now is announce that they will sell tires, dishwashers, soap, herbs and boxer shorts and I figure that the company can break $100B market cap easy by next Wednesday. :^D P.S. The fact that KTEL didn't drop below 1 a share by the close of trading today is a MUCH scarier indicator of how bad the internet mania has gotten than the 20 to 30 point price jumps in YHOO, AMZN and EBAY. I can't buy or short any of these stocks right now, but I can assure you that if I had a portfolio of these interent stocks I would've been dumping all of it today...or at the very least writing DEEP in the money calls.