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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%3:59 PM EST

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To: Rob S. who wrote (12487)8/4/1998 7:39:00 AM
From: UFGator93  Read Replies (1) of 164684
 
*** Off topic: Other shorts ***

Has anyone done any TA on INKT? This is one that looks very good to me as a short. It IPO'ed at $18, traded at around $30 the first day (in June or July) and is currently at $56. Although it's down a bit from its highs, I still think it has a good ways to go. It seems to be a lot of people getting excited about a concept instead of looking at fundamentals. They aren't expected to turn a profit until '00 at the earliest and only had $6.3 mil in revenue last quarter.

Damon
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