Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.41

+0.1%

9:30 AM EST

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To: Olu Emuleomo who wrote (89258)	1/1/2000 3:44:00 PM
From: brad greene	Read Replies (1) of 164684

E-Tailer to Retailer Olu, From what Barrons seems to be saying...(interview on CNBC Friday afternoon)......they expect E-Tailers to be "revalued" in early January......more in line with retailers. Yikes! Many E-Tailers have already seen this happen........Their values have been cut in half....or more. Amazon still enjoys a large premium....IMO. AMZN was at $88 prior to a poorly timed initiation of a buy rating a few weeks ago. The short time it spent above $88 was a "blip". Look for AMZN to be revalued at least 40% from the $88 over the next two or three weeks. There are many issues surrounding this sector......and many involve Amazon. Amazon possibly not disclosing fully the personal information it gathers about individual customers is one.......and the Linux boycott is another........while you still have the margin, debt, and competition issues. And what Walmart's and K-Mart's deep pockets will be able to do with the 7 to 10 million new on-line shoppers, who really don't know who AMZN is......is a large issue, that has yet to be discussed...IMO. I think you will see much better buy points in AMZN within a few weeks. Many don't believe AMZN is worth more than $30 per share.......and they may end up being correct....based on a more objective viewpoint. Look for E-Bay to go well under $100 also....same deal. Out of favor stocks in an overpriced sector of a market that is due for a nasty correction. bg ps......And a 50 basis point hike in interest rates the first week of February won't help either. Having no Y2K problems will speed the process.

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