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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: zax who wrote (13377)8/12/1998 6:01:00 PM
From: Andeveron  Read Replies (1) of 164684
 
>> How bad will AMZN's crash be, when it comes?
>>
>> Zaxbowow suggests to you folks, that then the controllers
>> decide its time to crash a party, they do so in one big way.

Mr. Zaxbowow, AMZN will certainly crash if it continues to operate in the red and continues to disappoint it's controllers. However, many have predicted it's demise for many months, quarters, etc. It hasn't happened yet and it probably won't happen anytime soon. The market, and the supposed controllers, have given Bezos and company a license to burn cash to see where this largely untested business model will go. It could crash and burn, and leave everyone involved with toilet paper. It could also succeed (is 5 years is a reasonable amount of time to build an empire?) to become the primary book/video/music facilitator of the Internet. Acquisitions with it's over-valued stock will also serve as currency for additional transactions. CD-Now could probably be gobbled up with a bushel of AMZN stock and they'd buy a chunk of audience and name recognition.
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