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

To: dennis michael patterson who wrote (29921)	12/15/1998 8:43:00 AM
From: Glenn D. Rudolph	Read Replies (4) \| Respond to of 164684

The place to put the brain power is not on the fundamental arguments--- those are so easy. The question is how/why AMZN can go higher without fundamentals? Dennis, This was an expensive lesson for me but I agree. I would like to see a new high too. Glenn

To: dennis michael patterson who wrote (29921)	12/15/1998 2:37:00 PM
From: tonyt	Read Replies (1) \| Respond to of 164684

>The question is how/why AMZN can go higher without fundamentals? >A look at AOL may help to answer this question (why the >fundamental arguments, at least in their present form, are wrong-headed). AOL has a somewhat predictible income stream. Once a customer is signed-up, AOL gets a monthly fee. The customer is required to 'work' to use another service (find a new ISP, cancel AOL). AMZN does not have this advantage. That a customer bought this month cannot be used to predict that he will buy next month. AMZN is not AOL. btw, AMZN @ $235

To: dennis michael patterson who wrote (29921)	12/15/1998 5:49:00 PM
From: Tom D	Read Replies (3) \| Respond to of 164684

<<The question is how/why AMZN can go higher without fundamentals?>> I think the answer to your question is in post #26284 on this thread. Money is starting to leave large-cap stocks and look for a new home. It may move to small caps and to European stocks, but some of appears to be moving to internet stocks. The details are in the posting cited. Tom P.S. I have a message for Joy Covey, CFO of AMZN, who keeps selling her insider shares as soon as she get them: Ha Ha Ha HA HA!!! My apologies. That was rude of me, but I couldn't resist. Tee Hee!