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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 230.84-0.7%3:59 PM EST

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To: John May who wrote (1035)12/18/1997 1:27:00 PM
From: Alomex  Read Replies (2) of 164684
 
AMZN's holiday sales revenues will likely surprise everyone on the upside. How big a runup do you predict?

Sales are going to be up 50-90% quarter to quarter. I don't think the runup will be as large becuase insiders are sure to sell thus keeping the stock subdued.

I think the stock will go back to the uper sixties and perhaps visit $80.

For those who like to speculate I think amazon at $50 is a good deal, provided you sell the day after the quarterly figures are released.
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