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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST
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To: Tom Kearney who wrote (8925)7/6/1998 5:07:00 PM
From: J.S.  Read Replies (1) of 164684
 
".... the unbridled
certainties of the AMZN shorts vs the Bre-X longs"

Now you just wait a cotton pickin' minute. The Bre-X longs were doing
very well for awhile. I suggest you reserve a few chapters at the
end for the eventual tumble that AMZN will take. AMZN market cap
is bigger than Borders, Barnes & Noble, KTEL, CD-Now, N2K, and Zapata
combined.

The salient issue is not what anyone thinks this stock is worth -
from a fundamental standpoint or otherwise, but the fact that the
stock has almost quadrupled in about a month on BAD news.

Yes, earnings estimates have gone down, competition has increased,
and hits to amazon's web site have decreased.

Viva Zapata,
Joe

Joe
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