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To: Devil's Advocate who wrote (89446)1/15/1999 2:03:00 PM
From: Voltaire  Read Replies (1) | Respond to of 176387
 
Yes,

An individual ask me today how I could say that AMZN had pretty well reached its bottom and I said, IT HAS REACHED IT'S VALUATION. They said what the hell do you mean, there is no valuation. I said oh yes there is, it is called PSYCHOLOGICAL VALUATION and that is what has happened to AMZN. YHOO will have to reach that level and you will know it when you see it stop losing big in a big up market.

From the porch,

Voltaire