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


To: Bearded One who wrote (93676)2/16/2000 1:22:00 PM
From: Bearded One  Read Replies (2) | Respond to of 164684
 
This market is a shortseller's dream.

This steady drip-drip-drip as Amazon slowly leaks away, little ups and downs to help build positions.

Of course, Amazon can come up with another BS announcement and pop the stock temporarily, but that'll be ok. But it looks like they shot their wad with the last few announcements. Knowing them, they'll probably wait until their next losses report to try to pump the stock. Or if they pump it earlier, it will be to sell shares, so we can expect it to go back down soon afterwards.



To: Bearded One who wrote (93676)2/16/2000 6:32:00 PM
From: Randy Ellingson  Read Replies (1) | Respond to of 164684
 
B. One-

Thanks for your reply. I'm still working my way through the report, and also find it just somewhat helpful. There is so much that's difficult to predict about Amazon's future (as the authors point out), it seems like it would as difficult for a bear as for a bull to justify their position. Yes, you all can laugh at me, but I expect Amazon.com to arrive at a level of profitability in about ten years that will easily justify today's market cap as well as the market cap in ten years.

Do you really not own any individual stocks? I've heard that cash is the most aggressive position, but I suppose a solid market pullback can make one's cash position look absolutely brilliant.

Randy