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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: Oeconomicus who wrote (4799)5/28/1998 10:31:00 AM
From: Candle stick  Read Replies (3) of 164684
 
Thanks alot R.D. and H James for that info....seems to be that the short interest continues to grow month after month....there seems to be no shortage of people that doubt the AMZN valuation and business model.........it reminds me of Bostoin Chicken a year and a half ago. It was 40+ and the darling of Wall Street. The short position was the largest on the street, I believe...the stock bounced up near the highs for a few months and every analyst on Wall Street had 'strong buy' ratings....BOST could do no wrong. They had reinvented the fast food business model and had better food to boot....it was the market darling.....Last I checked BOST just hit 2 1/2 dollars a few weeks ago, and THERE WERE NO SPLITS....that is a 94% drop in value....

All the stories and news and analyst coverage of AMZN sounds identical to the BOST story....it is just a matter of time, IMHO.....good luck and thanks again guys......;^)
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