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

To: Bill Harmond who wrote (43014)	2/28/1999 12:52:00 AM
From: Mike M	Read Replies (1) \| Respond to of 164684

That's not a given. The market is a continuum. It just might not burst at all. You have to hope that, to be willing to own shares. Yes the market is a continuum and that uncertainty cuts both ways. While I grant you neither you nor I know what will happen, neither do Mary or Henry. Their willingness to recommend AMZN as an investment at this market cap is reckless in my opinion. You have no qualms, but I suspect you keep a wary eye on the exit....I've seen you willing to pull the trigger quickly. That is not a criticism, just an observation. The stock price is justified by those who own or recommend it, on potential and nothing else. If that potential is not realized: if the market suffers, if revenue growth slows, if net margins never materialize...then, the bubble bursts... By the way, if Blodgett still had a buy out on AMZN, what was the point of stepping forward to reiterate that buy? Contributing to a short squeeze may have positive short term results but it smells like hype. Mike

To: Bill Harmond who wrote (43014)	2/28/1999 10:00:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

>>Yes, but somebody ends up holding the bag when the bubble bursts... That's not a given. The market is a continuum. It just might not burst at all. William, I have said it before and will say it again. Your ability to choose a proper entry and exit point in stocks is enviable at the least. Just admit that the current business model of Amazon.com did not fulfill your expectations in terms of profit/loss as you saw them a year ago excepting top line growth. Glenn