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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.70-1.2%Nov 14 9:30 AM EST

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To: re3 who wrote (33053)1/6/1999 11:25:00 PM
From: MoonBrother  Read Replies (5) of 164684
 
It was me who said "just a double" can bring you shorts to break even. Sounds like you don't believe AMZN can double again. Well, this time last year even less people believed AMZN could double by year end. What happened? AMZN went up not just double, triple or quadruple, but almost 10 folds!!! At today's price, you think AMZN doesn't have chance to trade at $280 by year end? I for one believes AMZN may very well trade above $500 by then. All signs have suggested that this year will be marked as e-commerce's first true take-off year. AMZN, the undisputed e-commerce king, will no doubt enjoy this terrific year. Let me ask you this, if e-tailers put up net sales increase rate 2x of last year's rate, what do you think it will affect AMZN's price? Don't want to scare you shorts, but I can tell you this, AMZN could meet or beat last year's performance! That's right! It COULD go up another 10 folds!!!

You have been warned!

MB
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