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

AMZN 237.58

-2.7%

Nov 13 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (118929)	3/1/2001 1:25:33 AM
From: manalagi	Read Replies (1) of 164684

William was buying amzn at $100/sh. Swimmygoof bought at 45. Jan bought at 24. Mark at 18, hdl at 14, now you at single digits. I guess KIS might buy at under a dollar. And I think even that will turn into a loss. This reminds me of buying a flower pot in Mexico. You ask: "How much is this?". Street vendor: "Amigo, for you, just ten dollars." "I'll pay only two dollars for that". "Sold!" You are so proud for bargaining so well. After you left, the vendor laughing told his friend: "Stupid gringo, he paid two dollars for that lousy flower pot which is selling for 25 cents here." ___________________________________________________________ Today is the beginning of a fast slide in Amazon stock. Even they were just rumors of Chapter 11, vendors will demand COD for their goods. Purchase Orders from Amazon are not worth the cover of Time Magazine with Bezo as Man of the Year. Amazon cannot survive with COD: cash will be depleted and finally those analysts will realize that working capital is the real measure for a company's health.

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