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


To: Lizzie Tudor who wrote (73229)8/11/1999 1:47:00 PM
From: stockman_scott  Respond to of 164684
 
FYI....

Message 10906874

Michelle: My hunch is that it is the smaller Janus Funds (like the Janus Mercury and Olympus) that bought most of the Amazon. I would be surprised if The Flagship Janus Fund and Janus 20 Fund had AMZN as a major position. Last time I checked they were heavily invested in stocks like CSCO, MSFT, DELL, NOKA, etc...

I am not impressed with the AMZN business model and see more downside in the months ahead -- unless the company can effectively demonstrate that they truly are on a path to profitability.

Best Regards,

Scott