Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.60

+1.5%

3:59 PM EST

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To: Acey who wrote (4868)	5/30/1998 11:40:00 AM
From: hal jordan	Read Replies (2) of 164684

Acey, Thanks for providing a bullish opinion on this stock. A bull's perspective has been sorely missing from this thread. I do believe this stock is tremendously overpriced, therefore I have puts on the stock. That is not to say that AMZN's future destruction is assured. However, present valuations need to correct drastically. Only time will tell whether they survive, and I'm no long term prognosticator. AMZN faces significant competition with low barriers to market entry. Maybe they succeed in three years, maybe they don't. I just know present value has gone too far north in my opinion not to warrant a short/put position. Hal

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