Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

3:59 PM EST

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To: llamaphlegm who wrote (10111)	7/12/1998 5:14:00 PM
From: Everett W.Owens	Read Replies (2) of 164684

O.K. AMZN has the site (so does barnes & noble) There are already cigar, toy and other sites that sell merchandise over the internet. AMZN is a very good site BUT not the only site that has appeal. In other words there will be COMPETITION for all that AMZN sells. At current valuations this stock is overbought (IMHO). Just look at Presteck, Zitel and other skyrocketing "new paradidm" products. They ALL fell after a spectacular run up. Patience on the puts is needed.Possible rally on Monday ,if low vol.below 101-103 look for a fall on Tues.

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