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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.63-1.8%Feb 3 3:59 PM EST
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To: Techie who wrote (24902)11/7/1998 12:17:00 PM
From: OtherChap  Read Replies (2) of 164685
 
Fact #1: Amazon cannot argue that they are "smaller" than barnes
and noble any longer. They tried, and Barnes and Noble correctly pointed out that Amazon has a market cap larger than B&N, borders, and every independent bookseller in america combined. So there goes that myth.

Fact #2: In order to be taken seriously by feds, Amazon has to do something about that pesky stock price so they can claim to be the underdog without getting laughed out of court.

Fact #3: Amazon and their manipulating scam artist brokerage buddies will "allow" the stock to drift down, and quickly. There simply is no way to play the underdog when your company is "worth" more than every bookstore in the united states combined.

Fact #4: Go short, be happy.

Fact #5: Amazon wanted to buy Ingram, and I'm sure in about 2 or 3 days B&N will produce memos of meetings where bezos tried to buy ingram himself, and Ingram being privately held by a family that understands the value of stock and CASH, well they just laughed at his stock price and told him to get lost. Amazon is pathetically undercapitalized- they have no cash to spend, all they can offer is stock, stock, and more stock. Works great as long as it keeps going up 10 points every day.. But try it when you're trading like Netscape around 20 bucks.
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