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

To: Tom D who wrote (70993)	7/30/1999 10:30:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

85% chance - high 80s 15% chance - high 60s This would be for the lows for this correction for amzn. Other nets might fall more than amzn here because as time passes Xmas anticipation will start to see itself in the stock... umm, I hope... :-)

To: Tom D who wrote (70993)	7/30/1999 10:35:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Tom <most sincere guess> 20 post-split. I would play two bounces on the way down for retracements -- a bounce at 40 post-split and 30 post-split. Boy-o-boy, can you imagine the field day the press will have with this stock when it splits down there? Oh my -- they will be yukking it up the the tube.

To: Tom D who wrote (70993)	7/30/1999 11:03:00 PM
From: Michael Young	Respond to of 164684

<<Assume that there will be a recovery due to anticipation of Holiday sales. >> That is the general assumption. However there is a big wildcard that could make the grinch visit AMZN shareholders this Christmas. This is an excerpt from a street.com article today: "But it's Wal-Mart that really has the e-commerce world riveted. Right now, it's doing maybe a tenth of the online business of Amazon.com. But by year-end, it's expected to unveil a site with a selection that dwarfs anything else on the Web. Coupled with its ubiquitous physical stores, it will have the whole package: superstore selection, easy returns and, given the parent company's $5 billion or so annual profit, the ability to eat massive start-up losses without getting indigestion. "Clicks-and-mortar," they call it. "

To: Tom D who wrote (70993)	7/30/1999 11:12:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Tom < investors have an infinite capacity for self-deception. > an admirable quote -- I honestly hope you are not holding too much AMZN -- it is the only stock on your information sheet.