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

To: Dwight E. Karlsen who wrote (35273)	1/18/1999 2:18:00 AM
From: SkyDart	Read Replies (3) \| Respond to of 164684

Dwight: I agree with you that I would have told her to sell too when it hit 185 in advance of earnings. AMZN's chart is highly predictable. It runs up, backs off, rests and runs up again. Based upon price/sales it has a [Price per Sales] ratio much more in line with XCIT and SEEK compared to YHOO which comparatively on this measure is 10 fold higher. IE AMAZ has about 10 times higher to go before it becomes as overvalued as YHOO. If the goal of trading is to make money, then when AMZN runs up, one sells and when it drops back one buys. It is simply too expensive to always be bullish or always be bearish on a stock. Brings me back to my favorite rule: "Never marry a stock". Probably should never dump one forever either. Dart