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

To: Eric Wells who wrote (64744)	6/26/1999 12:07:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

I think discussion of fundamentals is a waste for amzn (the stock). In the past the only factor that determined its price is broker notes, re-its and upgrades. Lately brokers have been silent. But they always are at this stage in the quarterly cycle. If brokers see that the background is un-helpful, they'll not speak, and amzn will just drift. But after Tuesday, they'll likely start again. That will be critical. If the first couple of buy calls are met with yawns, then I think your short will work out. But if Yahoo shows strong revenue and increased page views, it will improve the psychology and brokers will start to push amzn again.