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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.12+1.6%Dec 23 3:59 PM EST

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To: Victor Lazlo who wrote (89297)1/1/2000 8:07:00 PM
From: brad greene  Read Replies (1) of 164684
 
Pump to Dump?

Victor,

I think that's the way the game is played...... but I have no proof that the brokerage was dumping into their own table pounding.

I do know that AMZN has given back all of the "pop" and another 10 points to boot.

I think the next round of comments from analysts will be more realistic. Check out Barrons on Monday.

Look for Walmart to be the #1 site next Christmas...... The estimated 7 to 10 million new shoppers next year will be lower income, and less computer oriented. They have better name recognition with Walmart than with Amazon....... And Walmart has deep, deep pockets and a powerful partner.

Amazon can't win an expensive market share battle with Walmart...... and I think the "glow" Amazon gets for being number #1 is about to fade away.

I expect AMZN's chart to begin looking more like E-Toy's chart.

Just my opinion.

bg
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