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


To: Impristine-2 who wrote (67379)7/13/1999 3:40:00 AM
From: KeepItSimple  Read Replies (4) | Respond to of 164684
 
S&P futures collapsing right now. Looks like tomorrow will be a great day for shorts- lots of big gap downs at the open.

Unfortunately, I am 100% cash as of today's close. Oh well.



To: Impristine-2 who wrote (67379)7/13/1999 8:32:00 AM
From: Eric Wells  Respond to of 164684
 
For what it's worth, Jim Cramer's latest take on Amazon (from this morning's TheStreet.com column):

"And then it hit me. Amazon.com's (AMZN:Nasdaq) going to be a ... retailer. By the time the company's done, it will be one of those companies I don't ever want to own, slogging it out in every tough business. In the interim, it remains an interesting Net play, but by the time it gets where it wants to go, look out! Retail is a very tough business. On the Net. In the catalogs. In the stores. Period."

Looks like the market is opening much lower today. I wish I had held my AMZN short position.

-Eric Wells