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

To: H James Morris who wrote (49376)	4/7/1999 6:16:00 PM
From: re3	Read Replies (2) \| Respond to of 164684

response to HJM and KIS... You guys are both making very good points...I suppose money is a very funny thing...I worked with a fella who said he NEEDED 30 % + returns...I mentioned that not even WEB achieves this...NO matter, he needs more...There are people who take this really to heart, kicking themselves because they didn't buy bid.com at 3 and now its 26...I see this behaviour at a local discount brokerage...Play the momentum, get in, get out, buy whats hot, buy what's flashing on the ticker... Shoulda bought, shoulda sold...Guys who couldn't run a lemonade stand throwing around money at net stocks when they don't know how to turn on a computer...when anyone tries to talk about history or fundamentals, they are laughed at...Legal secretaries saying' 'ya' just play the splits, like they are playing monopoly...Mechanics strutting around about making 5 % a day on dell...I know all this and I feel the same as you guys...however... 1) we might as well sit back a bit and let people do what they are gonna do...They are , like, people that way... 2) talking about daytraders biting the big one pushed my button...I don't think its necessary to talk this way...certainly, gambling institutes need to study the market, because it really is and can be the crack cocaine of gambling...but, then people on si may be fuelling it to, throwing around $ on puts as if the money was just a store coupon...Further, some of the chicken little, sky is falling predictions about amzn may be just as harmful as cnbc with their disco bull market nonsense... that's all...both you guys are very bright, very insightful and I enjoy your posts... Howard