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

To: H James Morris who wrote (38442)	2/6/1999 12:45:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

There isn't much to judge these stocks on except momentum (timing). All we really know is that they have a great deal of attention, the overall market is growing rapidly and investors have flooded into them. Eventual market shares or profits is just guess work. One other thing that is certain is that much more money has traded hands in the stocks of Amazon and other Internet companies than has been recorded in sales by these companies. Think about it. How many billions have crossed the trading floors and computers - they dwarf the trade in books and other things. What people want more than a nice read is to get get rich on Internet speculation. Is it just me or does this seem slanted way out of proportion?

To: H James Morris who wrote (38442)	2/6/1999 1:04:00 PM
From: Jan Crawley	Respond to of 164684

As I've said before. it is estimated that over $4bil have been lost by the shorts and the puts that were betting against the "Thing". Now the longs that came in 185-199 are paying the price. It's always about timing. Nothing more nothing less, and yes you can trust me on that. James, Amzn took $65K from $50 to $140, but then I got the $$ back from $147 to $65. Just a wash. But looking back, that was the good old days with fewer sharks. I know that the water is different, and elephants are different now. I think that everybody here knows it too!!??