Amazon.com, Inc. (AMZN) Message Board

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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 (39912)	2/13/1999 8:45:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

William, <I said that before this bond market trouble, > The tumble in amzn started and went on weeks before Friday's bond trouble. What I think the supporters of amzn should find troubling is that the stock price dropped despite the company's outstanding performance in its supposed metric (revenue growth, new customers). The financing that MS secured for amzn should have been a positive. (now the bond buyers must really feel like idiots especially with up tick in rates - of course they are just playing with other people's money). But even with the cash infusion, revenue and customer growth, addition of warehouses, expansion in Europe, the market seems skeptical. Possibly I am talking from my short position here. Sometimes personal bias clouds vision. -Sarmad

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