Amazon.com, Inc. (AMZN) Message Board

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

AMZN 228.76

-1.6%

10:22 AM EST

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To: Bill Harmond who wrote (15167)	8/29/1998 3:09:00 PM
From: zax	Read Replies (3) of 164684

You have been wrong about Amazon the company, and don't confuse this price decline with that. Nothing has changed. All the forces coming together to make Internet commerce a reality, and Amazon's leadership position are still intact. Don't over-stay your short position because, from the latest short statistics, you have plenty of company (don't let the door hit...) when time comes to cover. Don't worry, Bill. I'll be sure to cover a little above $5 so as to limit your losses. Look to sell off and save what you've got left on the temporary dead cat bounce to $10 soon thereafter. AMZN is a loser with no name brand, no special service or technology, no barriers towards entry to its market, huge and mounting losses, and more experienced, established and well known competitiors. Despite whatever high hopes you place here, this stock is a shorters wet dream. :)

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