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


To: re3 who wrote (36614)1/25/1999 5:55:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
Easily explained. The bad news this morning caused a lot of people to short the stock. The daytraders with 10:1 margins knew these newbie shorts would be easy to squeeze, so they simply bid the price up and forced them to cover- which caused the price to go up even more.

>cannot believe in my wildest dreams why ebay was up today...look what >was announced about the co. on the net...



To: re3 who wrote (36614)1/25/1999 9:19:00 PM
From: Bootz  Respond to of 164684
 
Once again, I repeat this is "sick"...

You're probably right. Fortunately, there are a lot of real companies with positive revenues out there in which you can put your profits. (You have taken your profits, haven't you?) For starters, CD and LUV.

Look at Highway Bill plays, too. We're talking Government Teat & Pork Barrel City here. $218 billion over the next six years. That breaks down to something like $33 billion a year, or almost a billion a month. Think of that as about $700 million a week (or $100 million a day), the equivalent of a new football stadium or two every week for the next six years.

Wouldn't you rather be selling cement, asphalt and construction equipment at a profit for the next half-decade, rather than books and CDs at a loss? I thought so.

This isn't rocket science, folks. And highway construction doesn't require a web page. Let it sink in. AMZN has been a good run. Now let's pave those highways!

When Clinton talked about building a bridge to the next century, he wasn't kidding. Tote that barge, lift that bale, and build those bridges!

I'm telling you this is where it's at.

Bootz