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

To: Paul Merriwether who wrote (74541)	8/18/1999 8:22:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

I agree with some here that Amzn is in a trading range for now... awaiting that event that solidifies eventual success or failure over the long term. I actually think we may get our answer by early January, and that would allow amzn to break out of the range. 2 things need to happen I think for analysts to feel that amazon is not just a flash in the pan. First they need to clear up the bond issues and second they need to succeed in one of the new categories (and come closer to making a profit). I think theres a good chance Amzn stock will see 200+ in the next few months and clear up the issues with the bonds... in fact I think that may be why Covey and Bezos decided to split the stock. Theres a good chance Amzn can trade around 100 post split... it always seems to want to get there anyway... on anticipation of a strong Xmas qtr, and that would eliminate the uncertainty with the bonds. Then we'll have to see how xmas goes. But if xmas is good and the conversion price is hit, then lookout above?