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

To: JC Reddy who wrote (30227)12/17/1998 12:05:00 AM
From: Gary Walker  Respond to of 164684
 
Nice work, but remember that you could be right and still lose.

This is a huge momentum driven market and momentum does not care about logic, it cares about momentum. Greed and the thinking that it's the other guy who will lose that reduces the fear that drives the momentum.

gw



To: JC Reddy who wrote (30227)12/17/1998 12:28:00 AM
From: Victor Lazlo  Respond to of 164684
 
JC, AMZN is a growth co, as far as the top line is concerned. When it comes to the bottom line, they are not growing at all. And there is a persistent myth out there that the internet retail models are more efficient and thus more profitable than traditional retail. So far in almost all cases, this has not proven true, and whether it will become true, will not be known for some time, maybe years.

Victor


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