Amazon.com, Inc. (AMZN) Message Board

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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

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To: Fen Rhodes who wrote (53)	5/22/1997 1:41:00 PM
From: Winston Kim	of 164684

AMZN has an anvil tied to it..It is dropping like a rock and will continue to until it hits the 12-14 range. I currently have shopped at Amazon but I only really buy the top 500 books that come at a 40 percent discount. With the recent news that Barnes and Nobles creation of a online bookstore will create more competition which in turn lower revenues and profits for Amazon. I never bought this stock but maybe when it hits rock bottom I might look into it. I doubt if it will ever go back to 25. Internet stocks seems to be on the way out... Good Luck

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