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


To: H James Morris who wrote (89817)1/5/2000 11:30:00 AM
From: Crystal ball  Read Replies (2) | Respond to of 164684
 
Its simple Math: Sell overpriced AMZN and Buy undervalued BNBN (Barnes & Noble e-commerce dot com site, at its lowest low of $14). Amazon's inventory write down means it did not sell as much inventory and did not make as much profit this Christmas as it should have. Barnes and Noble has both a brick and mortar (BKS) and internet spin off (BNBN). Barnes and Noble is such a monopoly threat that the Fed Trade Commissions would not approve it buying Ingrams to fully dominate the book distribution channels. Whereas Amazon is still building its brick and mortar, and thats going to cost much mula dollars over the next three years, which Bezos himself warns investors of continuously. To me this is simple math: BUY LOW SELL HIGH, Sell AMZN and Buy BNBN.
I am,
Truly your$,
-Crystal Ball