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

To: JimNewby who wrote (34974)	1/14/1999 6:34:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

An extra bonus of the market collapse is that Clinton will probably end up on the street. The only reason his approval rating is so high is because the average american has more equity in the stock market than in their homes (for the first time in the history of this country) And for the last 4 years, they've been giddy with insane gains. It's the economy, stupid. Or rather, it's my net worth, stupid. After taking a 50% haircut, people are going to be less accomidating for presidential porn, and the polls will quickly turn south. I'm looking for a resignation in about 3 weeks.

To: JimNewby who wrote (34974)	1/14/1999 10:06:00 PM
From: Stefan	Read Replies (2) \| Respond to of 164684

Jim you are missing one point. Then AMZN was valued at about 3.5 B now it is at about 24.5 B. People have to be blind not to see this thing sinking deep. I would never pay $24.5 B for three warehouses and obscure areas. Sure the name is worth something but not Billions unless AG is planing on devaluating dollar. In my humble opinion this thing should go to $5 -$7 range but it might end up at $1 on the downwArd momentum. The first advise I got, when I immigrated here, was to "NEVER UNDERESTIMATE AMERICAN PUBLIC, HERE ANYTHING IS POSSIBLE!!!"