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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: UFGator93 who wrote (9472)7/8/1998 1:57:00 PM
From: Rob S.  Read Replies (2) of 164684
 
My guess is that Amazon will move up to around 112 before the close and then finish nervously to around 110. Yahoo! is much better positioned than Amazon as their product is information in the form of data service and advertising. They get the cream off the top regardless of how hard the web merchants screw themselves to the wall on margins. The market hasn't realized that yet. Amazon is a great company and a leader but their basic business model will be under increased margin pressure because of the ease of competition in marketing products on the internet. The under-educated will continue to be in love with the stock even at these high levels - so we could get a rally with a positive Yahoo! report.
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