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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: Fen Rhodes who wrote (45)6/4/1997 2:25:00 AM
From: mozek   of 164684
 
Fen,

There are a lot of people with opinions, many negative about the prospects of this company. I know numerous people who have purchased books there. I'm thinking about buying some of the stock, but not sure what my entry price should be. If I didn't think it would go above $25, I wouldn't be looking at a new IPO at all. If the critics are wrong, you probably got a good price, but right now, price seems to be driven by public opinion, not fundamental value.

Good luck,

Mike
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