Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: William T. Katz who wrote (2825)	4/7/1998 1:45:00 AM
From: FrankInNYC	of 164684

Internet stocks took a big hit today because Yahoo (YHOO) is going to report earnings this week, and no one wants to hold this bloated monster or any internet stock when reality finally sets in that they are overvalued - an understatement. Amazon already reported in its 10K quarterly filing that it's expecting poorer results than analysts predicted for the quarter, and expects to miss its targets in future quarters. But WE ALL KNOW AMZN INVESTORS DON'T READ THOSE REPORTS, RIGHT? Get ready shorts!! The AMZN bandwagon will be alot lighter even before earnings are announced on April 23rd. AMZN longs, the party is over. The pyramid scheme is over!

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