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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Jeff Olson who wrote (3284)4/23/1998 12:58:00 AM
From: Nick Kuritzky  Read Replies (1) of 164684
 
I have never shorted a stock but I feel that AMZN is one of the most overvalued stocks in recent history. Barnes & Noble will spend a lot of money to make their site just as good as AMZN and take significant business. This company has never earned a profit and will face significant competition. This is similar to what happened with E*trade and internet brokerages, but at least E*trade was/is making money. Look at the big picture and you have to be a moron to go long on this stock.
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