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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: Yojimbo who wrote (36889)1/26/1999 6:51:00 PM
From: GST  Read Replies (4) of 164684
 
Yo -- re: tomorrow: EBAY is looking good. AMZN? I agree, gap up and slide. I have not heard anything which will change the trend. As I mentioned, I now hold puts and will keep them for a while longer. The downtrend will resume after a few hours of 'silly dancing'.

The competition is heating up fast. Expenses are mounting. We are being warned by AMZN itself, which is a bit out of character. And there is a total .30 cent loss. They will need to raise cash soon -- I wonder how they will do it. It will be hard to borrow to pay salaries and operating costs. This is a very risky investment. It would be interesting to know if the insider selling has accelerated.

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