Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.38

-1.3%

9:45 AM EST

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To: Sarmad Y. Hermiz who wrote (68438)	7/20/1999 2:42:00 PM
From: Eric Wells	Read Replies (1) of 164684

I wish it was easy money - but of course EBAY has gone up since I shorted (it is now up point). I see the recent run-up of stocks combined with the current lack of news and uncertainty with the Greenspan meeting this week as all contributing to negative pressure on the market. And I think EBAY is especially vulnerable - considering their recent outages, high PE, and less enthusiasm among with internet auction sites these days (at least that is my perception). Of course, I've lost more money going short than I have made - so I'm holding my position cautiously, and will probably cover once I make a small profit (or incur a small loss). -Eric

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