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

To: Bill Harmond who wrote (56881)	5/15/1999 8:49:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

William, >> When has a company announced a split at a shareholders' meeting. Never that I can remember. I believe you. But if you go over to the Yahoo thread, you'll see many posts hoping for a split as the only quick device to boost the shares. And the meeting has the possibility of some positive announcement. I claim that is the reason yhoo did not drop to the extent of amzn and others. I know your point is that yhoo was protected by its profits and margins. Now that the meeting is behind us, I expect yhoo to drop closer to amzn regardless of its profits. I also claim that Yahoo's profits are not the reason for the high market cap. Rather it is due to momentum and the greater fool style of speculation.