Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.08

-0.2%

Dec 29 3:59 PM EST

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To: the Druid who wrote (962)	12/11/1997 4:40:00 PM
From: Andreas Helke	Read Replies (1) of 164684

If those Amazon shareholders would not be that tough they would not be shareholders of such a crazy stock. I have a long term price target of $20 for Amazon. I don't really expect that we will get to this price in halfways normal market conditions. But I don't see any reason to get scared by further upward movement of Amazon stock either. I shorted Amazon at the end of october when I decided that Amazon was a safer long term short than the SPY and Dell shorts that I had during gray monday. Andreas

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