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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%3:59 PM EST

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To: TFF who wrote (3493)4/27/1998 9:11:00 PM
From: Jan Crawley  Read Replies (2) of 164684
 
Amazon.com announces three acquisitions

Cash acquisition??!! If I were a current share holder(as well as a short-term trader); I would be extremely concerned if Amzn is not able to purchase these three entities with AMZN's own stocks!!!

Why, because Amzn is cash poor and stock rich; that's if the stock price does not Drop.

At Amzn's current share price, there are no strong hands in this stock. IMHO, only traders waiting/wanting to cash out and others looking for trading opportunities.

In my opinion, Amzn and other internet stocks are wonderful walmart scale ideas; unfortunately, Amzn fast-forwarded its stock price for the next 3 to 6 years in the past three months. I am not interested at all to buy Amzn right now and looking forward to possible zero returns in the next 2 to 3 years.

Best regards

Jan
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