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

To: FR1 who wrote (53555)	4/28/1999 6:54:00 PM
From: Tradegod	Respond to of 164684

You've got to be kidding me! The Internet makes brokers look stupid and lose customers because brokers are always saying people should stay away from AMZN, EBAY, ATHM, etc., etc. as these stocks go through the roof. CNBC know this (so does WSJ). They also know who feeds them. So when they get the chance, they squawk the brokers favorite lines like a parrot: "Internets are crazy overvalued", "money is rotating to where there is value", "the bubble has burst", "there's a flight to quality", etc., etc." I listen to CNBC all day every day and wonder what planet you've been on. 90% of the commercials are from internet related companies. Etrade, Ameritrade, Discover Brokerage, Amazon, Oracle most of whom are poking fun at and slamming brokers. If anything CNBC has been the biggest cheerleader for the Internets. The first reports on Amaznon were that "they blew away their numbers." Only after the conference call, and in talking to some analysts, did they give what I would call a balanced view. Bottom line was the the company's guidance was not of a blow away nature. Probably mixed reviews tomorrow.