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


To: Lizzie Tudor who wrote (58027)5/23/1999 5:04:00 PM
From: KeepItSimple  Respond to of 164684
 
> Someone told me that it was a little unsettling for the shareholders.

I find it hard to believe that anyone who bought this stock recently would be worried about Amazon's failure to devise a credible business plan. The vast majority of purchasers were simply in it hoping to catch another 100% in a month increase. Momentum/mania players only.

These guys didn't think of the long term when they bought the stock, so why should they worry about it now?

Oh, yeah, the stock has dropped 40% in the last month.

(a rising stock completely forgives any lack of fundamentals)



To: Lizzie Tudor who wrote (58027)5/23/1999 5:42:00 PM
From: Bill Harmond  Respond to of 164684
 
No, I didn't attend.