Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.23

+1.8%

12:59 PM EST

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To: Olu Emuleomo who wrote (54467)	5/1/1999 10:54:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Olu, >> I still think we will reach that $234 bond conversion price within a month! What factors, other than wishing, could move it that high ? Forecast of increasing rev ? The crowd did not applaud. Reduced losses ? Not on the horizon. Auctions ? not a significant factor at this time. Anyhow their revenue is minute under the best circumstances, even for the leader eBay. New business ? Drugs, pets, groceries ? yawn... Broker upgrades ? Is there any broker left to upgrade ? price momentum ? With many new shares in the float ? What catalyst is there for the upside ? A split ? But you really have to be convinced that investors are utter morons for that to work.

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