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

To: JC Reddy who wrote (35277)	1/18/1999 3:06:00 AM
From: Dwight E. Karlsen	Respond to of 164684

Because it's gone up before. Why does everyone think AMZN will keep going up? What people haven't "got" yet is that there is no way that the 'nuts will perform in 1999 like they did in 1998. There will be a slow blood-letting, with tons of newbies buying stock from ppl dumping from long-held positions. I'm not saying the stock couldn't double in 1999. But 'net terms, that's pretty weak. Last year all the most popular nuts were up anywhere from 400% to +1,000%. Lighting don't strike twice in the same spot, at least not very often. Actually I know of two objects that have literally been struck by lighting twice (a barn and a tree). AMZN aint no barn, and it surely aint no tree.