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


To: GST who wrote (82788)11/2/1999 1:13:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
The critics might not be off-base. You never know, but I'm betting they are.



To: GST who wrote (82788)11/2/1999 3:05:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
>>>AMZN is testing its 200 dma.<<<

AMZN is in a short-term downtrend.
It will be better to wait for the trend to reverse itself.

--Olu E.



To: GST who wrote (82788)11/2/1999 5:37:00 PM
From: Rob S.  Respond to of 164684
 
Greenspan speaks volumes . . .

Once again economic data shows consumer spending well ahead of earnings growth. The economy looks healthy but so much money has poured in the darling sectors and stocks that it has diverged to historically significant levels. Greenspan has remarked repeatedly on the "irrational exuberance" in the market and some of that droning on has recently hit a cord with the investment community who see growing limitations to the darlings upside potential amid growing risk that the rosy scenarios that have propelled them skyward might be at least partially a lot of hot air.

The old guard, particularly those without profits, are under some pressure. Amazon is facing increasing competition and an increasing argument that Bezos particular vision of ecommerce isn't going to be the only one or perhaps the prevailing one. This thing is still in it's infancy yet Amazon has already piled on the spending to fill out a dream that might shift away from him. Maybe "bricks and clicks" is a more profitable model than "clicks and MNM" (Money for Nothing Marketing (c)).