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

To: GST who wrote (69790)	7/26/1999 7:36:00 PM
From: hsg	Read Replies (1) \| Respond to of 164684

I guess they just need more customers...when the spending (branding) reduces they should bleed less red ink...still, at this valuation, they have a lot of catching up to do (revenue/profitability)...I would want a stock to be doing at least $2.50 per share before long (more if you use a discount factor), so I can see why investors get the jitters sometimes...I guess if the market sells off some more, investors sitting on profits may accelarate their profit taking (creating buying opportunities for people like me), but I wonder how low it can go...I can see it falling below $100 again, and if it retest that, the last runup could look like a bear trap and punish those that added to their positions...hmm...