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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%Nov 28 12:59 PM EST

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To: Glenn D. Rudolph who wrote (23423)10/28/1998 2:15:00 PM
From: Rob S.  Read Replies (1) of 164684
 
That is an excellent summary of factors from Briefing.com. The perception of Amazon.com remains as a high growth e-commerce leader with an unbounded potential. When it is blatantly clear that sales momentum is not sustainable, the stock will finally come under pressure. Earnings obviously isn't as much of a factor with NZMA as it is with less favored Internet stocks. But that too will eventually change - once the sales picture is clouded the argument for earnings will be realized as being bogus.
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