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

To: i-node who wrote (89935)	1/6/2000 8:55:00 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

>This drop in AMZN is going to create one of the best buying opportunities I've seen in years. I hope it goes to 20. At what point will you mortgage the house and throw what's left @ Amzn? I believe you said the other day that you were hoping to see it at 30. Now its 20? Has anyone ever mentioned to you that you might be a masochist? Did you know @ 20 it will still be a $240 stock? Ps Another elephant is leaving, Deutsche bank.

To: i-node who wrote (89935)	1/6/2000 9:02:00 AM
From: Peter Bernhardt	Read Replies (2) \| Respond to of 164684

The simple truth is that AMZN is going to succeed, and continue to be the undisputed best at what they're doing. So what if they bleed along the way -- that's what it takes to get a new retail operation off the ground. What AMZN is best at is certainly open to interpretation. True, they are a pretty good bookseller. But what they have really excelled at, beyond all else, is extending a hopeless business model through quarter after quarter of increasing losses. How far into the future is it now before they will turn a profit? But forget that for the moment, because as so many are only too eager to point out, we should ignore the short term bloodletting as Amazon builds the internet's preeminent franchise (even though the short term has been going on for quite a while now). Look at the charts. The stock is broken. In the short term, AMZN has made a decisive break through its trendline. It has also formed an ugly double-top on its weekly chart. After the boost from YHOO's report, AMZN may offer an excellent shorting opportunity. - PeterB

To: i-node who wrote (89935)	1/6/2000 9:30:00 AM
From: GST	Respond to of 164684

David: I agree -- everybody needs to take a deep breath -- AMZN could do almost anything, including going down and staying down.

To: i-node who wrote (89935)	1/6/2000 10:44:00 AM
From: KeepItSimple	Respond to of 164684

>The simple truth is that AMZN is going to succeed, and continue to be >the undisputed best at what they're doing. You can now predict the future? And you call your predictions truth? >This focus on quarterly financials is absurd. Yes, investors should never focus on the financials of a company. You are a genius.