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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.61-2.0%12:02 PM EST

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To: Jay8088 who wrote (24764)11/6/1998 2:01:00 PM
From: OtherChap  Read Replies (1) of 164684
 
The similarities are striking. Netscape was soaring around 180 with absolutely no competition, then a few insiders sold shares and then Microsoft decided to entire their marketspace. Netscape cried "monopoly! unfair competition! federal intervention!" all the way down to the 20 dollar range where it now sits.

Amazon will be no different. William, I believe B&N is doing a very good job of "zeroing out" Amazon's market position.

The dow is starting to pull back.. If we ever have a good down day on the dow (200 points or so) Amazon will be crushed into the ground.
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