Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.37

+0.3%

Dec 19 3:59 PM EST

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To: Mike M who wrote (8486)	7/2/1998 5:38:00 AM
From: Tenpole	Read Replies (1) of 164684

There is a real point here - how much do folk believe the hype? For a bit of calm try this analysis: thestreet.com For those that don't subscribe, the key points raised are: 1) Their cash model is changing. They have warehouses now and they have to pay before they get paid for many books. 2) Risk increases with stock levels - as does the potential for margin increase. 3) Music sales will hurt margins 4) Cost of new customers has doubled After the discussions of a possible price for this, we have a 42 low on 06/03. This could suggest 135 as a target given the resistance shown on 06/17 and 06/24 which would be at 38.2% and 61.8%. T

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