Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

3:59 PM EST

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To: H James Morris who wrote (46638)	3/20/1999 10:21:00 PM
From: JOHN W.	Read Replies (3) of 164684

H James Morris, Elephant turned on big blue. When an analyst is bullish on 3% sequential growth and the mkt is prompt for a correction. this stock is pressured and refuses to pass even the elephant hypsters and the ridiculous day gamblers in these chat rooms, they can't hype over 140. the analysts continue to lower revenue estimates, but are not changing ratings...I saw this before with the biotechs. This will get real ugly. I have reviewed Dec-Jan Media Metrix results. I also know that the Feb results were even worse. Bezos will be lucky to have any sequential growth.. I am a bear, but hardly from badly hurt. I shorted 5,000 at 190. I have not covered because I am extremely confidant this stock will trade below 70 within before 30 April. Good Luck.

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