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

To: Glenn D. Rudolph who wrote (28683)	12/1/1998 8:44:00 PM
From: Jay k.	Read Replies (1) \| Respond to of 164684

You are missing my point. I do not believe the insiders ever intended this company to turn a profit. The plan is to get the share price as high as possible and they have done a fine job. The other part of the plan is to sell the insiders shares to make a lot of millionaires. They have done that. The balance of the plan is to file Chapter 11. Story over. I have to disagree with you, insiders of any company want the share price as high as possible. All insiders, shareholders want to become millionaires. I think AMZN can become profitable, But I don't think the profits they will have in the future justifies the current stock price. Hype, lying, misleading investors have been happening since I have been in the market every year... Bre-x,Delgf,sun beam,ZITL,iom,prst,saws,diana,ADSL sector,Y2K ,Internet sector etc... I really haven't seen too much misleading or out right lying by Internet sector yet. Only thing I wonder about is the prediction of future market of internet $1 trillion by 2001? I remember Y2K prediction was 600 billion by some bozo research company. B/regards