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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 210.32-5.5%3:59 PM EST
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To: Tabby who wrote (684)11/4/1997 3:56:00 PM
From: William T. Katz  Read Replies (1) of 164685
 
I hope so Tabby. My bigger fear is this thing busts before I get a substantial short position. I'm waiting for run-ups and am hording cash to short ... I'm assuming the very very top end might be 80, even with a squeeze. Once AMZN exceeds the valuation of B&N and starts matching Borders, there will have to be some realization of how ridiculus it is. Practically, I think it unlikely we break 65 again, but as you say ... who knows.
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