Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.58

+0.4%

3:59 PM EST

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To: Rob S. who wrote (14632)	8/26/1998 8:32:00 AM
From: Glenn D. Rudolph	Read Replies (3) of 164684

lenn, I think the sales growth will be slower but AMZN will likely stay in favor and trade in range between 135-95 for at least a few months. It may even move back up to the recent highs on some news or other that bulls can glom onto. The stock should be a good trading vehicle because of the large percentage swings. I think it will take a while before the market admits that competition on the internet is never going to allow Amazon.com to make the fat profits they dream of. Rob, You could very well be correct. I cannot guess the market on this stock. However, if the analyst's losses projections are close to accurate, the junk bond cash will be gone prior to the year 2000 and losses are projected to continue. The FA on this stock in terrible. They continue to survive on stockholder money but their needs for more are increasing. I can only trade this when I am at my computers. I leave it alone when at work. It moves too fast. Glenn

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