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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.17+0.5%12:07 PM EST

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To: zax who wrote (24988)11/7/1998 10:14:00 PM
From: Glenn D. Rudolph  Read Replies (3) of 164684
 
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.


Zax,

The float has increased too much from insider selling and the acquired company shares coming on the market. Manipulation would be difficult now. There are shares to short everywhere at least on Friday so the chances of a short squeeze are minimal. Dilution is really kicking in and I believe the stock to be over bought not to mention over valued too.

YHOO and AOl are over valued. They may be over bought. I am not too good at that. They do have a good future, however. AMZN does not.

Glenn
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