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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: Glenn D. Rudolph who wrote (101855)4/21/2000 2:38:00 PM
From: Olu Emuleomo  Read Replies (2) of 164684
 
>>>The story is getting weaker.<<<

Glenn,

Actually, the story is getting *better*, since etailers like etoys.com etc.. now see that etailing is NOT a piece of cake.
That will leave the field open to AMZN, Wal-mart etc..
but investors are now falling out of love with AMZN. The honeymoon is over. I believe they will now value AMZN using traditional metrics. Looking at the chart my 1 year target is 30, but 20 is quite possible; intra-year.

--Olu E.
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