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


To: Sarmad Y. Hermiz who wrote (56154)5/9/1999 5:22:00 PM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
The speculator isn't asking "if I had 5B, where should I put it ?", the more
relevant question is "I have $10k, how can I make $1k tomorrow ?".


Very well said, Sarmad. It's amazing how so many people fail to understand this!
Who cares what the company is worth? The pertinent question is,
"if I put money into this stock, can I sell it for a higher price?". Period.

--Olu E.



To: Sarmad Y. Hermiz who wrote (56154)5/9/1999 10:57:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
the more relevant question is "I have $10k, how can I make $1k tomorrow ?"

Exactly!! For many of us, it is just that simple.

Sarmad, am I or are we focuing too much on the trees, ignoring the forrest. But for the life of me, I can't see the Amzn forrest, so I can only do trees(or trades).



To: Sarmad Y. Hermiz who wrote (56154)5/9/1999 11:03:00 PM
From: Bearded One  Respond to of 164684
 
A legitimate answer, though (as you point out) not to my question.
What you are saying is that the company's movements are volatile divorced from fundamentals and timing it in the short run can make you rich. Ok, great, but beanie baby prices are divorced from fundamentals as well, so let's admit that this type of investing does not rely on any examination of the companies balance sheet except as it's utility for propoganda purposes.

Good luck with your timing, and don't be the last one standing when the music stops. And keep in mind that with a company as mismanaged and overpriced as this one has been in the last few months, the music *will* stop eventually. The net trend must be down on a company with no hope of profits.

And no, Microsoft is not worth 500 billion, nor is GE worth 300 billion.