Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.25

-2.0%

3:59 PM EST

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To: Tom D who wrote (10906)	7/20/1998 2:48:00 PM
From: Greg M.	Read Replies (2) of 164684

Tom, I wish the longs luck as well. I completely agree that this is difficult to predict, but for me it has reached such an extreme again, that by far the most likely scenario is the one longs and shorts alike are anticipating: a sell-off. Don't bet the farm on it, but it's a very good risk/reward from my perspective. Analysts are backing away from this one, even the ones who are bullish for company itself agree the valuation is out of line. Sellers will get $$--but need to be aware/beware of the extraordinary fluctuations. Monty

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