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


To: Mark Fowler who wrote (30130)12/16/1998 3:12:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Ditto that and something i'll never forget too! Don't tell me it gets better i want this to
last ;-)


This may be the time to go short. Thoughts??

Glenn



To: Mark Fowler who wrote (30130)12/16/1998 3:14:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> This is something I have never seen.

That's funny- I've seen it twice before. Presstek and Bre-X.

Bre-X looked like a great investment the day before everyone realized there were no fundamentals behind the stock price of 200. The day after that realization, you couldnt get 10 cents for a share.

While Bre-X was an obvious fraud, it had the same mania behind its stock price that Amazon has. One could correctly argue that Amazon has even more mania. The blatant fraud and criminal activity is not there, or at least I haven't seen any proof of it, but they both have the same chance of ever earning a dime. Zero.