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


To: Sam Citron who wrote (91826)1/21/2000 8:22:00 PM
From: fedhead  Read Replies (1) | Respond to of 164684
 
AMZN still hasn't broken below 60 in spite of all the negatitivity. The strong hands are not selling .. . yet.
If AMZN breaks below 60, EBAY below 120 that will be the
time to short. If AMZN breaks 60 it should go down to last summer's low of 40. If it breaks 40 there is no telling as
to how low it will go. Same with EBAY, if it breaks 120, low
80's should be the next support.

Anindo



To: Sam Citron who wrote (91826)1/21/2000 8:49:00 PM
From: Greater Fool  Read Replies (3) | Respond to of 164684
 
Amazon's demise will be spectacular, no question about it.

I'm guessing they aren't comfortable issuing new equity because of the dilution. But debt of any kind will strain their cash flow. The downward spiral will be magnificent to watch.

Does anybody know offhand what their cash flow from operations is?

Interestingly, their success (from a stock market point of view) will be their undoing, as VC-funded competitors, even more willing to sustain losses, are created by the lure of instant riches by equity issuance.

What a ride it's been!



To: Sam Citron who wrote (91826)1/21/2000 9:09:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
<AMZN has made it known on Wall St. that any inevstment bank affilaited with buy.com will not be welcome to play in
any AMZN financings and the same goes for petopia which competes with pet.com. AMZN is presuuring bankers
not to particiapte in petopia's coming IPO (WHAT IS AMZN AFRAID OF? THAT THE STREET IS DONE WRITING
CHECKS FOR BEZOS?); >

This is what I really don't like about the guy. He's a version of Gates that knows how to smile and laugh.