Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: GST who wrote (47032)	3/23/1999 4:30:00 PM
From: Rob S.	Read Replies (1) of 164684

I think a 40% "correction" is likely. Call that a crash if you like - the overall trend for Internet investments remains bullish over the next five or ten years. I don't know if we will see a long-lasting correction until after the initial growth of the Internet due to existing PC users drops off latter this year. My guess is that the overall cap of net stocks will be much higher in a year but much more diluted by the many IPOs, splits and insider selling. There are net stocks to short right now - and although I think it is headed down, Amazon is not one of them because others look much more vulnerable. BTW, my net stocks went up today!

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