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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST
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To: Bill Harmond who wrote (31204)12/26/1998 1:07:00 AM
From: KeepItSimple  Read Replies (1) of 164684
 
>The progress the company is making is very real indeed.

I agree. It is the direction of progress that we seem to disagree about. At their rate of expanding losses and dwindling junk bond cash reserves, they will literally be bankrupt by August of 2000, unless they float a secondary offering.

I would say the S.S. Amazon is progressing on a very real course towards a chunk of ice. And half the passengers will still be sipping champagne while the bow fills with water, most likely.
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