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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 250.24+0.3%Nov 5 3:59 PM EST
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To: Olu Emuleomo who wrote (95013)2/26/2000 9:33:00 PM
From: Sam Bose  Read Replies (2) of 164684
 
Olu,

Will never happen. Amazon won't fail. There is too much institutional funds and Wall Street investment banking fees at stake for Wall Street to allow AMZN the stock to collapse.

Also, Amazon's business model does work, and will produce profits sooner than most think. One reason the legendary Bill Miller of Legg Mason Value Trust, one of the best fund managers period, invested heavily in the stock recently. One reason Henry Blodget of Merrill, Mary Meeker of Morgan Stanley, and Scott Reamer of SG Cowen upgraded their ratings recently, and love the stock at today's prices.

Hope more people believe your chart however, and short the stock with everything they have. It'll help AMZN reach $100 a lot sooner than otherwise, maybe by April.

Best Wishes,

Sam
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