Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GST who wrote (37517)	1/28/1999 8:16:00 PM
From: Dr Smith	Respond to of 164684

GST - what we have seen with Amazon is most unfortunate. The market has been stolen by daytraders and they have engineered short squeezes, one after another, while using old news and hype. Now there is a complete disconnect between share price and real valuations, IMHO. This is very bad for long term investors, it very bad for hedge people, it is very bad for Amazon because the shares are not traded in a real market. The only winners are the short term traders. I even think Bezos agrees with me. So we got the mess we see today. But I am not expecting the share price to crash below 100, without negative news.