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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.82+0.9%2:33 PM EST

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To: tonyt who wrote (7186)6/23/1998 4:44:00 PM
From: Tom D  Read Replies (2) of 164684
 
<<<I wonder if 'investors' are thinking 'split' right now.>>>

I think it is the responsible thing for management to do, in terms of maximizing shareholder value. They might wait a couple weeks for the price to consolidate at this level, (if it is going to).

Doubling the # of shares makes the per share losses easier to stomach.

My arbitrary long-term target for this stock is 300--that is when I am selling , if it does not go down to 50% of its all-time high before then.

I sincerely hope the bears are weathering this storm OK. Nobody likes to see them getting beat up from this.

Best Regards,
Tom D
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