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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 248.74+0.1%1:12 PM EST

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To: John Carpenter who wrote (68722)7/22/1999 12:36:00 AM
From: Deeber  Read Replies (1) of 164684
 
I agree on AMZN, I dont think they EVER will be profitable in this market, too much competition, too easy to enter the market. They are a good company to buy from, but they will ultimately fall. Mounting losses are not good, and can you ever see them making $1 a share EPS?? Not me...they are a decent stock now, worth no more than $50 a share.

But do you have the guts to hold this thing short for a long time?? Many dont, and that is why these stocks stay up...

AMZN going to be -10 tomorrow, will test 120 soon. Revs were good, but did not come close to the $350M the analsts really wanted.
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