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

To: Glenn D. Rudolph who wrote (26759)	11/18/1998 5:02:00 PM
From: getgo234	Read Replies (2) \| Respond to of 164684

Glenn: Would you take a moment to conjecture what it will take to bring this internet buying panic to an end ? If K-tel is an example, it would appear that AMZN will have to be on the verge on being delisted before the bulls will let this stock go. EBAY is even more amazing in its run-up. Can you recall when a group of stocks have moved up this strongly in the past with little or no earnings ? Finally, why don't we see institutional investors lightening up on the internet stocks ever so gradually. It must be terribly clear that if an institution has a million shares of AMZN to sell and everyone is heading for the exit simultaneously the institution will receive a great deal less than that day's opening price. Wasn't it just a few weeks ago that institutional investors in a Barron's survey identified AMZN as the single most overvalued stock ? (AMZN was in the 120's at that time) Thanks for your comments.