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


To: 16yearcycle who wrote (62855)6/16/1999 11:47:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
"Why not a new high this fall?"

Hey, what do I know? The fact that the analysts seem to want to downplay these until fall
has me thrown off. And the stocks, too.


Gene,

I suspect a new high is doable in the fall. I have calculated that 65% of the convertibles have been converted. To my surprise, the stock help up well with this much of dilution. I have been abear on the fundamentals of AMZn for a long time but see a change in their plan. Maybe others saw this prior to me. The past does not matter but the future does. There is enough belief in the future to overshoot a reasonable market cap during the fall selling season. I am not predicting it as much as making an argument it is easily possible. We need the funds to move back in in a big way.

Glenn



To: 16yearcycle who wrote (62855)6/16/1999 3:01:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 164684
 
If this panic buying continues, which of the drive by bears who laid a bunch of crap on William on Monday will be the first to apologize?

My guess: No One