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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (62070)	6/11/1999 11:35:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164685

>> Today will become the 'typical' day for the rest of this month. AMZN at 20 will have fully priced in the changed macro-economic environment. << Amzn is just hovering above its lows. If it was going lower, it would have done it by now. The only relationship between Amazon and interest rates is if the economy cools off a lot to reduce demand for their commerce. I think that is unlikely. Regarding a very reduced demand for amzn shares, that will occur only if internet funds experience withdrawals. If that occurs then much lower prices are coming. I wonder where to find timely data on that.

To: GST who wrote (62070)	6/11/1999 11:38:00 PM
From: KeepItSimple	Respond to of 164685

> BTW AMZN is a buy at 20 :-) Only as a speculative dead-cat bounce. Amazon's financial game plan was ENTIRELY tied to their stock price. There is simply no way they can service their debt with the stock trading below 50. The interest payments will destroy any hope of profitability, and the bears on this thread will certainly be celebrating the listing of AMZNQ before 2001. Go ahead, Blodgett. You better start subtracting 20 million per quarter from Amazon's bottom line. My guess is that we'll start seeing downgrades next week. And I've placed a bet to the tune of $300k, via AMZN puts, that i'm right.