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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Jan Crawley who wrote (23827)10/30/1998 12:11:00 AM
From: John O'Neill  Read Replies (2) of 164684
 
I got in short today 500 shrs at $122 & change....never played AMZN before, but it seems like their lack of a proprietary product would hurt them. Deep pockets are coming to get them, & I can't see what will stop better financed competitors. Furthermore, lawsuits from companies like Wal Mart may eat into their capital.

They are merely a re-seller of books/CD's published by other companies (some of which are becoming competitor). Is this true, or am I missing something.?
I welcome all comments...didn't like watching it go up 4 pts after shorting it.

JO
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