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


To: dclapp who wrote (92862)2/2/2000 11:07:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
dclapp I suspect the main thing Bezos is up to is to tell analysts and investors what they want to hear, so that the stock price would stop freefalling, so that he can secure the next round of bonds for the money he needs to stay afloat. He now understands that the "we don't care about profits" line is not going to work anymore, so now he's changed his tune, that's all.

I think it's crazy to think amzn will be profitable in a yr or two.

Victor



To: dclapp who wrote (92862)2/3/2000 12:08:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
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To: dclapp who wrote (92862)2/3/2000 10:23:00 AM
From: Bearded One  Read Replies (1) | Respond to of 164684
 
I saw jumps like this happen with other stocks. Kinda like Wile-E-Coyote running off a cliff and not realizing it for 20 feet. I'm going to go out on a limb and predict that Amazon will close below 70 by the end of the week.