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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: Mark Fowler who wrote (28924)12/5/1998 1:00:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 
I just cashed in some of Amzn at $201 that's tangible.

Mark,

AMZN, the company, is technically bankrupt. The stock price has no correlation to the company.

Profits aren't what the street is looking at right now on
Amzn well i've been over this with you before and so has William.


The street has bee reacting in a very unusualy manner lately meaning this year. Look at BAMM.

Let's be patient and
see what develops further with Amzn, etc. and the economy. I do hope you made some
good profit yesterday. Good luck to both of us.


Good luck to you and time will tell. My point was only that AMZN is a trading vehicle and should not be a core holding.

Glenn
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