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


To: 10K a day who wrote (77619)9/18/1999 1:20:00 AM
From: radames  Read Replies (1) | Respond to of 164684
 
<<do i think ebay will do a billion dollars>>
it eventualy has to ,to justify it's market cap that is provided the stock does't go up ,because as it does they have to create more revenue to justify their ever growing stock price,,common sense says that one day it will have to justify it's cap,,and that is fact,,,
re>>institutional buying,,did you know that the thompson i-watch is not really factual buying but only bids put out by institutions that is more often than not a contrary indicator to make it look like their is buying,,it is not factual and if you don't believe me ask your broker and see what he says,,if those bids were over the instinet than you would have a case,,p.s.if the institution were buying it up it would have really come back at the end of the day instead of selling off,,believe me the institutions did all of their buying at 70,,,the right price for this stock,,we will see mon.
in order for ebay to keep going up you also need a friendly low intrest rate enviorment,,not this rising intrest rate enviorment,,imo ag will raise in oct. and take back the three cuts,,this market is not expecting this and imo will sell off drastically in oct,,,with the nets the hardest hit due to high p/e