Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.73

+0.2%

11:21 AM EST

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To: fedhead who wrote (15403)	8/31/1998 3:32:00 PM
From: Rob S.	Read Replies (1) of 164684

Rebounds from a "selling climax" are short lived in bear markets. What is Yhoo! or NZMA worth except what someone is willing to pay for them? There is little to NO sign of support on the stock yet. This could well be the "opportunity of a lifetime" to sell AMZN and YHOO short. Every of the decline so far has seen an acceleration to the downside. Today's loss will be more than previous ones in dollars and more so as a percentage of the dwindling price. This trend could well continue until the stock truly does look cheap - at $12 it may be a reasonable buy based on fundamental performance and future outlook.

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