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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%Nov 25 3:59 PM EST

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To: Glenn D. Rudolph who wrote (133362)10/23/2001 5:47:01 PM
From: Bob Duncan  Read Replies (1) of 164684
 
Glenn,

I believe we are on the same page regarding this stock.

I am interested in it as a trading play, nothing more. My opinion of it as a company that will exist in its current form in 5 years has been the same since 1998. Bezos hypes better than God himself however, but I would assume at some point analysts would have enough and downgrade in mass.

I simply hope they plan to do so around these levels and not around 30 cents like they did with Webvan.

I have a question for you. Despite ALL the points you mention, WHO is buying this POS after hours? Considering it ran up before earnings on the hope of higher revenues (miss), or solid projections for next Q (miss), why is it only around 8.90$ when it was at 9.20$ 10 minutes till 4?

NOTE: I have 7.5 Puts on this stock and am long the common, so I am playing it only for moves up or down. Must admit however I expected more of a move after earnings like this, but then again........

There is reality, and then there is AMZN.
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