Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GST who wrote (70330)	7/28/1999 2:53:00 PM
From: Bilow	Read Replies (3) \| Respond to of 164684

Hi GST; AMZN is a short to zero, possibly. The TA and the FA both point solidly down, and reinforce each other. I have shorted a small number of shares, (small enough that I can withstand a return to $200 per share without covering), and intend on holding these short for a long time. Meanwhile Mr. and Mrs. small time investor are still living in dream land... How many days of lower lows and lower highs do we have to have before everybody knows that the trend is down? How many days of higher losses do we have to have before everybody knows that the trend is higher? How many times does wall street have to increase their estimates of losses and postpone their estimates of profits before everybody knows that this company shall never be profitable? How low does the growth rate in revenue have to go before everybody realizes that the explosive growth days of the internet are over? How large does AMZN's loss as a percentage of sales have to grow to be before everybody knows that the company's hope of having lower losses per revenue dollar (and someday profits) is nothing but a dream? The big guys, who can all read a quarterly report, have already figured it out. I am writing this in the hope that just one small time investor will wake up and exit this burning building before the roof comes all the way down to the floor. -- Carl