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


To: DO$Kapital who wrote (34327)1/11/1999 12:38:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 164684
 
This is a note from Eddie Toppel, the author of Zen in the Market about Amazon:
This past week's market further reconfirms the SamuraiTrader's approach to
all markets. Anybody long Amazon.com out there? Could you have bought a
stock with no earnings, losses for the past several quarters, and a P/E
ratio thru the moon?

Just a few short weeks ago an analyst predicted that Amazon would sell over
$400 a share and everyone laughed. Pre split, it did last week and
probably quicker than that analyst had anticipated. Actually, it went to
almost $600 a share on Friday. The point being that you don't have to
figure it out, all you have to do is accept what you see. No EGO!!

If you want to learn more or discuss it:
Subject 24807

Read the first couple of posts and skip to post 28, a couple of jerks trashed the thread.
CD