Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.70

-1.2%

3:59 PM EST

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To: Jan Crawley who wrote (58761)	5/26/1999 9:30:00 PM
From: Bearded One	Read Replies (2) of 164684

Seems like you've all not learned your lesson sufficiently. Yes, if the "analysts come out of their bunkers and start pounding the table," if all the day traders get back in tomorrow, if the shorts cover or "run for cover," if Bozos looks good on CNBC, yeah, maybe Amazon will gap up and the rest of the internet stocks will, too, and you'll have another run. At some point, however, Amazon will report something negative. VERY negative. Maybe it will be lower than expected revenues for the upcoming quarter. Maybe it will be that a deal isn't working out. Maybe that some costs are more than expected. And then it will tumble, and all the dimes you all work so hard to trade up for will tumble down in a few days. Except this time, it might not stop. Amazon is in the business of losing money. When it loses enough money the stock will follow. I mean REALLY follow. Any upward moves from now on are little tidal waves in a bathtub that's being drained.

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