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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.14-0.1%10:00 AM EST

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To: Glenn D. Rudolph who wrote (36339)1/24/1999 12:08:00 PM
From: Timoteo  Read Replies (4) of 164684
 
AMZN may be up in the morning, but the pros will sell-off at the hint of weakness and will be out before earnings. The expectations are so high, that anything short of a profit will disappoint. Look at what happened to YHOO. Part of it was the lack of a 1 to 4 split, but the other part was reality that earnings still made the PE 1000+. I expect the stock will be well under 100 by the close Wednesday.

Timoteo
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