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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.65+1.6%2:58 PM EST

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To: Cap_Loss_Cfwd who wrote (63671)6/22/1999 9:18:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Cap,

Re amzn, Since their business model is evolving again, I think they will be given the benefit of the doubt, and will go up for a while. I don't see new highs, but no big drop either.

Also there is a potential possible surprise for Amazon that has nothing to do with Glenn's refrigerators. Basically if enough bonds have converted, you'll see a big positive benefit in the balance sheet. That may be enough to cause some upgrades based on the "positive cash flow". Even Glenn will agree that any CPA that brings in a $billion to the balance sheet for no cost, is worth her weight in stock options.
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