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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%Nov 24 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (57564)5/20/1999 6:10:00 PM
From: radames  Read Replies (2) of 164684
 
i just saw on cnbc that they are going to have a bull/bear debate at 6:20 am tommorow morning,,imo this could be bad if the bear argument is strong as the company is already having major problems as evidenced buy their 2b debt offering,,,i just saw an analys from briefing .com answer in response to a question about amzn going to 200 again,,he reponded that it might in 6-12 mos,,imo this is not good news because people paying 130$ for a stock with no profit are going to want to see a much quicker return on their investment..where does this stock go for the summer selloff?or rally? imo in a rally it will see 160 in a selloff it will see 70$ and that is only in a selloff not a crash if their were a crash who knows how low it could go.imo i don't see a crash in the nets i do althogh see a correction as rates rise and profits are expected,,,
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