Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Jan Crawley who wrote (68649)	7/21/1999 7:48:00 PM
From: MoonBrother	Read Replies (2) of 164684

IMO, AMZN's Q2 report is a very bad one. Don't remember having seen such an unimpressive report ever in AMZN's history. Some say that 2-for-1 split is just the last trick Bezos can use in order to save the stock from diving, I agree. In fact, Bezos' biggest error was that, he did not split AMZN when it hit $220 during last qtr's reporting time when AMZN had a slew of very positive news capped by the fantastic Q1 result. If he did 3-for-1 split as we hoped then, AMZN could trade as high as $100 post split. Now after a mediocre Q2 result, and some 50% price drop from the high, Bezos finally declared a split. Too little too late! Looks that this time AMZN probably will drop below $80 before the split in the next few weeks. Amen! Good luck! MB

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