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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.11-0.6%2:40 PM EST

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To: SouthFloridaGuy who wrote (111593)11/4/2000 1:36:59 AM
From: wdlngduc  Read Replies (1) of 164684
 
Sorry, but I must disagree. The reality is simply this: with all the cash flow this company generates, absolutely none of it falls to the bottom line in the form of POSITIVE earnings.

The only reason AMZN is up so sharply above its recent lows is the heavy short position that is being run in by aggressive longs bulling the stock as AMZN goes into its best sales time of the year.

If AMZN can't come out of the first quarter with some earnings, modest though they may be, then AMZN will come under increased selling pressure once again. And since the company gives no guidance to its wary and weary stockholders, I can't see how AMZN can escape a blood-bath. It will be sad to see, a great consumer-friendly site, whose collapse will have far-reaching implications for all Internet stocks.

Wdlngduc
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