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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (118833)2/28/2001 10:35:23 AM
From: microhoogle!  Read Replies (3) of 164684
 
Sarmad,
I don't think AMZN will be delisted. While it is guilty of irrational monetary excesses, it might be the only dominant etailer standing tall after all others have been blown to smitherns by this market and slowing economy. It is supported by elephants just for that very reason. I will start buying amazon stock very soon as I expect it to go down into single digits.
My guess is AMZN will be bought out by AOL or Walmart or some one similar at a hefty premium from current valuations.

PS: From Briefing.COM: 09:10 ET Amazon.com (AMZN) 11 3/8: Stock falls to $11 1/8 in pre-market. Contributing to the weakness is far-fetched rumor that the online retailer is considering a Chapter 11 filing.
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