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

To: John Nobrega who wrote (28753)	12/3/1998 6:12:00 AM
From: OtherChap	Read Replies (1) \| Respond to of 164684

>Besides, ownership of stock means you own part of the company. What >do you own in a pyramid scheme? Owning a fraction of a company (a share) does you no good unless the company distributes dividends. Established old fashioned companies pay them, most modern companies do not. This leaves only two options for you to make a profit- both of which are "greater fool" endgames.. The first being a company buyout in which your shares are exchanged for cash or for another companies stock, the second being another individual paying more for your shares. >What do you own in a pyramid scheme? The same thing you own when you buy a share of Amazon or even microsoft- the HOPE that someone will pay more for your seat than you originally did. Shhh, dont let america know this though. I just read that 45 percent of individual citizen equity in the US is based in the stock market. The "stock" pyramid scheme is _much_ larger than the next largest pyramid schemes--Social Security and Amway.