Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.19

-1.8%

Dec 12 3:59 PM EST

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To: Grandk who wrote (72931)	8/10/1999 12:59:00 PM
From: Eric Wells	Read Replies (2) of 164684

>>I agree we will see AMZN rebound as well >>as the other nets. J. Kenyon and X monger: you both have just made posts where you have predicted rebounds in the net stocks. I'm curious to know on what basis that you are making these predictions: 1. Fundamental analysis? 2. Technical analysis? 3. Comparing the current pattern of these stocks to past corrective action? 4. Gut feel? 5. Hope? I'm bearish on the nets, and have been so for quite some time - and it is my feeling (based on fundamental analysis and gut feel - and some hope that reason returns to the markets) that the net stocks will not rebound, at least not until they show enough profit to justify their market valuations. I currently hold short positions in EBAY and PCLN as I type. Thanks, -Eric Wells

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