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


To: Greater Fool who wrote (50566)4/15/1999 12:32:00 PM
From: KeepItSimple  Respond to of 164684
 
> Amazon is still selling a lot of books, and the dream is still alive.

But oh what a hangover the longs will have when they wake up from that dream and face reality. :)



To: Greater Fool who wrote (50566)4/15/1999 12:35:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
To me this would indicate a buying opportunity, because the fundamental factors driving
investment in the internet sector have not changed. Yahoo is just as cool as it was three
days ago, Amazon is still selling a lot of books, and the dream is still alive.


Greater Fool,

I agree with this. Candidly, I hate these stocks. I almost lost my shirt (literally) last year shorting AMZN. The volatility permits decent gains on the long side. I am afraid to short now. There no "real" fundamentals so nothing is different today than it was last month, etc.



To: Greater Fool who wrote (50566)4/15/1999 12:45:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GF,

>> the fundamental factors driving investment in the internet sector have not changed. Yahoo is just as cool as it was three days ago, Amazon is still selling a lot of books, and the dream is still alive.
<<

You are totally right. Nothing has changed. I am still profiting from shorting them. Only more today.