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

To: Paul Hackett who wrote (56131)	5/9/1999 6:02:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Paul, good post. What conclusions can be drawn?? Well before I start remember I was a skeptic @ 40 before it ran to 1000, and as a business model still am. These days I just prefer to talk about its pre-split $800ps stock price. Conclusions?? I think that Wall Street had bet that only a Gorilla will survive, and in Internet retail terms Amzn's the Gorilla. Moving on, I met my lovely sister today for lunch (Its her birthday). We met @ a mall (I hate malls). It was packed. I couldn't figure out why it was so crowded, when all these thousands could be buying over the Internet. Even the B&N store was packed. I think in 100 years our planet will be so crowded that every one will buy from their home. In Seattle they're even having groceries delivered to their homes, so I guess that's just the future. Am I going to pay $800 ps share for a stock that in 100 years from now, might make a profit?? I think not. I prefer to buy stocks that are currently making a profit. Most of the time. Ps Now I do buy stocks that made money, and now are loosing it. It's called recovery. When Amzn makes a profit, I might go long with it. But not before. I won't buy a stock that can't appear to ever make a profit.