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


To: Bill Harmond who wrote (47643)3/27/1999 11:15:00 PM
From: GST  Read Replies (3) | Respond to of 164684
 
William -- It seems William that making money is not enough for you -- you want people to believe your wealth is the result of superior intelligence. The price is whatever it is, so it would seem that the AMZN bulls are smart because the price is sky high. If it falls from the sky, then what? Then I guess you will look less than brilliant. Personally, I think you can make money without being very smart. Just ride a trend and hold on longer than most people would ever have thought it would make sense. We are still 25% below the 12 month high -- and we may yet discover that down 25% is just the beginning. I do not think buying AMZN is a sign of genius, although it may be a sign of temporary wealth.