The Art of Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing

PICK 51.25

-0.7%

Dec 31 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sun Tzu who wrote (688)	5/18/1999 8:27:00 AM
From: Cymeed	Read Replies (1) of 10714

Hi Sun, I agree with your valuation of AMZN on a fundamental basis. As a matter of fact, you were way too generous in giving 10% margin to AMZN (in 2~3 years). I think they are actually running at -10% currently and do not expect to make a profit before and including 2001. However, the stock has been driven by speculative money and there is no telling what this "Thing" will do next LOL. Recently, CVS got into the drug business (to compete with AMZN's drugstore) and WalMart is aiming at retail on-line as well. Those types of competition and the fact that AMZN has to cut book prices further deep to build their "Brand" is depressing the share price. But again, you never know when the "Thing" will move again. One thing I found out is, however, never go shorting this "Thing." Every time when the big boy behind this stock sees enough shorts, they pour money in and drive the share price to sky high :o). Part of the reason AMZN is trading so high is because of the shorters who lost their shirts on it LOL. Comments?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next