Amazon.com, Inc. (AMZN) Message Board

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

AMZN 238.96

-1.1%

1:14 PM EST

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To: Bill Harmond who wrote (53711)	4/29/1999 1:35:00 AM
From: dbblg	Read Replies (2) of 164685

>>I don't get all the bearishness. I think the bears haven't taken a critical look. William, There are two sets of bears. The first, which includes KIS and everyone else who has been shrieking "tulip/scam/newbie daytrader mania" hasn't taken taken a critical look, and probably never will. The second set of bears understands AMZN's strategy, and applauds the results so far, but wants to see how AMZN management handles the upcoming inflection points before buying in. As I listened to the conference call this evening, I have to say I started to develop a keener appreciation for this viewpoint. I plan on holding my AMZN, but wouldn't be surprised to see the price retrace to where I entered (around 120) sometime in the next few weeks. I also expect that the net stocks which seem to face fewer execution challenges (emphasis on the word seem) and which have more leverage in their business models will bounce higher and faster than AMZN will.

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