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


To: KeepItSimple who wrote (31633)12/29/1998 6:20:00 PM
From: KeepItSimple  Respond to of 164684
 
CNBC is about to have a special report on amazon in a few minutes. In their tease they referred to an "MSNBC reporter" so I assume they're going to repeat the rumor that Amazon might turn a profit this quarter due to increased holiday sales.

"Just when you thought Amazon couldn't go any higher, it just might tomorrow, if the rumors in the chat rooms are right!" said sue harrera a few minutes ago. Has the market finally sunk this low? CNBC is just reporting whatever they hear in chat rooms? A poster on the motley fool was correct when he said "NASDAQ, the casino for the next 100 years"

Of course, this is just a rumor by one analyst, and certainly will help amazon put off the impending selloff due to deferred capital gains. Just gotta keep the momentum running until the split.

People have asked what sort of press release Bezos would have to come up with to keep the mania going- even though Amazon itself can't state these kind of wild speculative forecasts, it certainly wont stop other people from doing so.

*yawn*



To: KeepItSimple who wrote (31633)12/29/1998 6:31:00 PM
From: Smart Investor  Respond to of 164684
 
Do not insult the real analysts. Mary Meeker is NOT an analysts. She is and was a journalist by training! You all know how journalists (or reporters) work recently in this country. It is one aspect of the insanity that a journalist's fiction and fantasy combined with the day-trader and gamblers can do so much damage to the market. Mary Meeker ought to spend some time in the real world to see how real business are developed. It is definitely not by one-press-release-a-day and hype! Have anybody ever checked how reliable the so called viewer number reported by YHOO and other internuts companies? Have anybody examined their accounting methods?

It is an insult to real companies with good products and good earnings when you have YHOO valued at 30 BILLION with only about 400 employee and no real net earning so far.