To: FR1 who wrote (5172 ) 2/7/1999 9:27:00 PM From: ahhaha Respond to of 29970
Let's look at all the facts: From: +UFGator93 Friday, Oct 2 1998 11:47AM ET How much do you think it should help? The same company started AMZN as a buy. If ever a company were a strong sell..... To: +UFGator93 (2872 ) From: +ahhaha Friday, Oct 2 1998 8:27PM ET You might be right about it being a trading sell. A move back to 80 wouldn't be surprising given the volatility. Fundamentally there is quite another story going on. They leverage on many internet companies including ATHM. If you examine the business plan and prospects for growth, add a little imagination, you might consider looking for a buy entry below. If you're lucky, you might get some shares. ATHM and AMZN are buy and hold stocks. You don't look at their charts because you'll just be influenced into making the wrong decision. When I see AMZN's chart, I see it at 500 in 2 years. Of course, I'm prejudiced by the fundamentals and they certainly could stumble. The stock had been around 110 when I made #2872 and moved back to exactly 80 and then proceeded to rise to about 240 on 11/23/98, one day after I made the come-uppance remark. It then got its come-uppance between 11/23/98 and 12/9/98 when it dropped back to 180. Then it rose to 600 and fell to around 270 on 1/11/99 where it has been winding around. All the other comments you've quoted that I made are valid assertions as various people can testify who have contacted me recently. Some I advise to do one thing, others another, depending on my perception of the kind of investor they are. They ask me for my opinion and I give it to them. To state that T will be in charge is incorrect, even mistakenly misleading. T is only a stock holder and although it is unclear, best guesses are that they still don't have controlling interest. It is imperative that T not seek it, because then it appears to promote the Axis contention of monopoly concentration in broadband. You are conveniently forgetting the giant pile of negatives just like you conveniently omitted the complete story about my AMZN comments. I would guess you have a vested interest in keeping this stock pumped up. Sounds like the kind of stuff the little guys complain to the SEC that the big guys are doing called touting to get out cheaply. The good news is all well known. The stock can't take ANY disappointments. The final FCC ruling may not be clean, but the price is built on the rosiest of scenarios. Having a lot of brokers get on board to tout the stock is a famous red light. It's ok as long as there is doubt, but we are we beyond that point now. At the market top the brokers and everyone is wildly and universally bullish. That about sums up what the chat on this thread has been. I draw your attention to the fact that until early October, this thread had only 3000 posts. In early January, 4000. It is a reliable indicator that the fool public comes barreling into a stock at the top and shoots their yaps off about the glories of price. I'm amazed at the things you are saying. I wouldn't put you in the same second grade sucker class as Jesse put it, as I do the others who have recently joined in to ensure that the thread is filled with happy talk. I think you have gotten panicky about stocks. At this juncture that's a very good emotion to have.