Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: fedhead who wrote (12570)	8/4/1998 8:50:00 PM
From: Tom D	Read Replies (2) of 164684

If enough deep pockets believe AMZN will succeed, then it may happen. When they make acquisitions, like today, that I cannot fully comprehend, I interpret that to mean that I do not have a full vision of what this company is going to be. There is another window opening up for insiders to sell, if they so choose. But I am betting, that, like before, there won't be a lot of selling (on a percentage basis). The bears could be right that AMZN could collapse. But I see a significant risk in shorting the stock insofar as we don't really know management's master plan. AMZN certainly has succeeded in winning the confidence of a lot of deep pockets with connections. I wonder how much these connections matter. The deep pockets seem content to bankroll a lot of losses. Betting on Bezos, Tom D Whoever was shorting AMZN as a hedge against overall market declines must be feeling rather angry today.

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