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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 (86947)12/10/1999 10:43:00 AM
From: Jan Crawley  Read Replies (1) of 164684
 
Are you saying you expect an 80% decline between now and sometime in 2002?

Bill, why are you surprised? Amzn was @ $41 during the summer; and that was a 68% decline from 4/99.

I think that if Amzn survives, then they will have to start to make a few cents in 2002. If all goes well, a few cents will enable a $20 stock price. So I am not in any hurry and would like to trade Amzn for 3 more years. Geeez, imagine the beautiful learning curve then!? <gg>

After all, you sold everything in Feb-1999 and was all CASH. Remember?
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