Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Harmond who wrote (56095)	5/9/1999 10:23:00 AM
From: Olu Emuleomo	Respond to of 164684

>>>Alan Ableson has been full of crap for years. <<< William, I hear you. This guy has been bearish since DOW 5000. But what spooked me wrt AMZN is the previously, AMZN's stock price used to ignore Abelson. Abelson dumped on AMZN at least 3 times in 98. Each time, AMZN would either GAP UP on monday, or at least end the day higher. Last Monday, AMZN gapped down.!!! I bet AMZN will again gap down on monday. It seems to have lost the will to defy Abelson. AOL on the other hand, will likely gap up on monday, thank God! I need to offload most of my shares at a price that wont be embarrassing to my portfolio. Off course I will keep say 150 shares or so, just in case. But I will trust my TA and say we will see much lower (90-105) prices in the near future. Too many downward catalysts. eg 6% bond, rampant bullishness (58% of investment advisors!) and Ma Cable/WinTT. Now, I believe we could go as high as 129 on monday (that's just a 10% pop) If AOL cant go past 123, or if (God forbid) we close 'down' monday, watch out below. --Olu E.

To: Bill Harmond who wrote (56095)	5/9/1999 12:11:00 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 164684

Amazingly, Michael Murphy is even more wrong than Abelson. And yet, you still see Murphy quoted on the business news, and in many cases they give him more credit than he deserves saying he is bullish on some rallying stock, when in fact he rode it down 50% or soemthing and is actually in the red. The opposite situation happens with Fleckelstein (who posts here), he gets less credit than he deserves I think, maybe because hes too flamboyant.

To: Bill Harmond who wrote (56095)	5/9/1999 4:09:00 PM
From: Bearded One	Read Replies (3) \| Respond to of 164684

Alan Abelson is much smarter and more well informed than 99% of the people reading this. Just because a stock goes up doesn't mean the company is worth anything. Abelson's problems have simply been one of timing-- he woefully underestimated the number of greater fools willing to bid up the stock of a companies with no real hope of profits. Will someone here care to explain why Amazon is worth even 5 billion dollars? If you had 5 billion dollars would you make more money owning ALL of amazon as a privately held corporation, or putting the 5 billion in a treasury bond earning 250 million per year or so?