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


To: Lizzie Tudor who wrote (36089)1/22/1999 2:39:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>>BTW plenty of private managers hold amzn and they are not dumping this stock despite what I have read here<<
Michelle I think your new here. If you back to last May you will see posts consistently making the point, that the funds were accumulating the 'Things' stock, even back then. No one here to my knowledge has ever made the suggestion that institutions or private managers are getting out.
If that was the case. I assure you, that you could buying to stock @ a much cheaper price.
These institutions you refer to still control a large piece of the float, and won't sell it away, just based on a few years of losses.
Trust me on that.
Ps
Great web-site.



To: Lizzie Tudor who wrote (36089)1/22/1999 5:07:00 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
>>Im not saying Amzn will succeed, I just dont know.<<

this statement means... what??? that you know amzn will succeed? strange way to put it.

oracle never had this kind of valuation. price is a big difference. BIG difference.

i own money losing stocks. the difference is they have the POTENTIAL to eventually make money, imho. amzn doesn't. not real money, anyway. maybe a few pennies... in 5 years...