Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.51

-0.9%

12:58 PM EST

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To: KeepItSimple who wrote (59133)	5/28/1999 10:58:00 PM
From: hoffy	Read Replies (1) of 164684

WOw, the bad news for AMZN is really starting to surface. I always wondered why a company with piling losses and no chance for earnings for years would be at the price it's at but it was an internet company so why not. Now it looks like it will be cut down to size. The big question is whether it takes all the internet with it. I think the E-commerce ones will be hit, not as bad as AMZN is going to but I bet they fall. Others like AOL, CMGI that actually make money should hold up better but they will probably take a little hit too. I think it'll be a buying opportunity on stocks like these, AOL, CMGI, SFE etc. As for AMZN. I wouldn't touch it unless it dropped crazily like to 75 or so. Then it might be interesting.

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