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

To: David in Ontario who wrote (34925)	1/14/1999 2:38:00 PM
From: GST	Respond to of 164684

<<Look at the AMZN intraday chart. It's just sitting there - the whole market is waiting to hear him. The consensus is the AMZN is a great stock to hold...given Bezos's talent for implementing the right business model at the right time. I foresee that in looking back at the AMZN tape 5 years from now that this early January 'spike' will look like a small bump - with a powerful uptrend - just like CSCO, MSFT, etc.>> That is exactly the problem here, CSCO, MSFT etc are great long term holds (overpriced right now, but give them ten years, etc). Bezos is blowing smoke up your skirt. Day traders have and still could make a buck off this (some will become very well to do indeed). Buy and hold AMZN? -- The trend is down, short term, medium term and into the hereafter. When Bezos speaks and the stock drops, then its only asset is destroyed -- hot air.