Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.10

+2.5%

Nov 24 3:59 PM EST

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To: fred woodall who wrote (6058)	6/15/1998 12:28:00 PM
From: Paul Merriwether	Read Replies (2) of 164684

<< Short AMZN 66.187 >> uh-oh. Looks like this puppy's going to 75 now! I am loving watching this one from the sidelines(after having lost some money trying to short it!). K-Tel in the making! I mean, even a stock price of 6.50 for this stock is ridiculous. I don't think they are ever going to be profitable, they will be mentioned in barrons of 2002 when they take a look at the "bubble" and the "mania" of the late 90's. I dont think they will be penny stocks for a while, but probably will be the "dog" stock in the years to come(sort of like nscp of today. A pioneer who has lost its edge). This however does not help the shorts of today who will have margin calls if this stock hits 90 in the next few days!(which it can). And this stock hit 67 3/4 on a "bad" day on the market. I'd hate to see when the pundits cry that the "troubles in Asia are exaggerated" or "latest econometric research shows that US stock market is unaffected by the world economy". Scary!

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