Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.99

-1.1%

3:59 PM EST

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To: Bill Harmond who wrote (69833)	7/26/1999 8:48:00 PM
From: GST	Read Replies (2) of 164684

William < It's higher now> I have always been a valuation bear on AMZN. As for whether its higher now, it is down from 220 or so when I slobbered all over the net with Sarmad wanting to short this puppy. Now it is down 60% and dropping like a rock amidst a very negative market background -- the dollar and money flows etc., at a seasonally weak time of the year to boot. A move of 80% down from the peak would take very little. That will leave a lot 'investors' rethinking their love affair with this stock. Can you hear it around the kitchen tables of America -- honey, I want to buy some more AMZN -- no honey, I didn't mean it, put down that knife, really, I was just kidding, honey, come on, put it down.

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