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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: KeepItSimple who wrote (34955)1/14/1999 7:23:00 PM
From: michael john stout  Read Replies (1) of 164684
 
I can explain to everybody here why AMZN is at least 10 times overvalued. They are showing huge losses. by the time they start to be profitable, competition will kill them. Who thinks AMZN can avoid price competition from all the other online retailers? They will be very, very lucky to ever make a profit. A few people will have gotten rich at the expense of many. But that's the way the market is supposed to work, I guess.
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