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


To: Robert Rose who wrote (97755)3/29/2000 7:44:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
From the CDnow SEC filings:

"Since its inception in February 1994, CDnow has incurred significant losses and,
as of Dec. 31, 1999, had accumulated losses of $174.3 million. For the years
ended Dec. 31, 1999, 1998 and 1997, CDnow's net losses applicable to common
shareholders were $119.2 million, $43.9 million and $11.2 million, respectively.
In addition, CDnow had a working capital deficit of $37.2 million as of Dec. 31,
1999."

Note CDnow is all but dead unless a miracle occurs. Yet their losses pale in comparison to that of AMZN.




To: Robert Rose who wrote (97755)3/29/2000 7:48:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Robert: Right -- any index has its own personality. My point is only to remind us all that there is a lot of air under this market.



To: Robert Rose who wrote (97755)3/29/2000 8:22:00 PM
From: Sam Sara  Read Replies (1) | Respond to of 164684
 
The dark side of momentum today....I'm not even sure we are seeing investor psychology at work here, as much as margin, tax, and derivative driven movement.

Momentum favorites showing disproportionate weakness here, interesting how biotech was the leader into and out of this most recent spurt.