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


To: Sarmad Y. Hermiz who wrote (39963)2/14/1999 12:01:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
You could be very right.



To: Sarmad Y. Hermiz who wrote (39963)2/14/1999 12:17:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Sarmad, your observations are worth-reading. I believe that the margin restructions being placed on the momentum retail buyers are affecting the price movements too.

However, you got to play defensive with Amzn, take profits whenever you can, do not aim high!!



To: Sarmad Y. Hermiz who wrote (39963)2/14/1999 11:42:00 AM
From: jach  Respond to of 164684
 
Most of us are all very well aware that AMZN is clearly not worth what it is today. Pretty much all the individual investors in this stock are trying to make a quick buck or two. When asked why? a common answer they'll answer (even the no-clue WS pros) "We think it is the next Walmart or MSFT and we don't want to miss it"; Yes, very clever, BUT, be aware that those value stocks did not start at these astronomical outrageous price/earnings to begin with. In other words, they earned their way and pay their dues during the course. The Internuts haven't paid their dues but they're already collecting their outrageous pensions. imo.