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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.69+1.7%Dec 10 3:59 PM EST

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To: Glenn D. Rudolph who wrote (24986)11/7/1998 10:07:00 PM
From: zax  Read Replies (2) of 164684
 
That was good. The thing is I will be profitable on AMZN at 90 or below now. Fortunatly, AMZN is not a leader. AOL and YHOO are.

I must disagree. AOL and YHOO are grossly overvalued companies with earnings. AMZN is a absurdly grossly overvalued company (2 1/2 times Borders plus Barnes and Nobles?) that will never have earnings.

Nonetheless, I wouldn't short Amazon. The manipulators, who have no morals and ethics, think it is okay to squeeze shorters to propel this company's valuation forward and have done so repetitely and predictably.

Thus, I say just wait. This stock is an accident waiting to happen.

Watch and see.
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