Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.41

+0.5%

Nov 7 3:59 PM EST

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To: Clam Clam who wrote ()	2/5/2000 5:32:00 PM
From: onthetitanic	Read Replies (2) of 164684

Hope everyone say today's Barron's AMZN articles which are seriously negative. The first article compares AMZN business practices to that of another high flyer (now bankrupt retailer)-Boston Chicken, and suggests the stock was hyped by several of the brokerages so they could get the future investment banking fees for the possible 1.5 Billion debt offering since AMZN's cash is down to 700 million. The second article questions AMZN's accounting practices (which are being investigated by the SEC) and states that AMZN lost 96 cents last quarter and states that margins fell to 13% from 21%. (It also has a nice picture of AMZN.bomb). I sure hope everyone got out of this stock on Friday. If not better sell as soon as possible as we may see the stock drop to 60 or below tomorrow. On top of all this, the BUY.com IPO is coming out early next week which is a direct competitor to AMZN. OUCH.

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