Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 238.20

+0.6%

3:59 PM EST

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To: Tom D who wrote (27603)	11/22/1998 7:06:00 PM
From: Rob S.	Read Replies (1) of 164684

Don't believe me or Tom D. Instead, read the latest 10Qs and Form 144s or insider trading service reports that compile these to see what insiders are doing. Absolutely don't trust me or anyone else to give you the correct information or advice - everyone has their own objectives and stock positions to influence what they post. I submit that the proof is clear and Tom D is full of hot air with something funny in it if he continues to deny that CMG has registered their shares for sale along with several other insiders. -------- When is it best to buy? When circumstances are increasing the awarneness of the stock and increasing the story behind it. Amazon has made several announcements recently that just happen to coincide with insiders who are selling about 3 million shares. OK, let's just say that's just a coincidence that has nothing to do with the announcements. That fact remains that Amazon has ben rising along with the Internet sector to the point that even most ardent bulls shake their heads wondering "how can XYZ company be valued at X when they are a] hardly selling anything. b] don't have prospects for profits in the next few years, c] hardly have enough tangible assets to maintain an Internet listing. Let's say that Amazon is an exception to the group and will fullfil their plan to grow market share and profits. I submit that Amazon will remain volatile, as last Thursday's quick sell-off indicates, and that profits can quickly turn into break-even or losses. Maybe that will only be temporary, but maybe "temporary" will last for 6 months or a year until profits at least look more certain and the competition is better understood. So for those who want to buy into what they expect will be one of the premier Internet companies in the future, is buying at the height of the recent run-up the best thing to do or is waiting for the inevitable pull-back? If you don't think Amazon.com will pull back from this height, I suggest a look at the chart - each and every time the stock has moved up as much it has pulled back significantly.

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