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


To: Ram Seetharaman who wrote (106110)7/14/2000 8:58:01 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
AMZN's earnings come out 7-26-2000. Consensus is 35 cents loss. Whisper is 33 cents loss. If
they do better, then Bezos may be able to gain more credibility!


I agree but we should look at their accounting closely. Not that it is not GAAP but it is not <VBG> The market won't really look at the accounting. It will only look at the posted numbers so credibility may return.

If AMZN is going to turn around, which I think it might - stock is a good buy at $ 35! It should
double by year end.



You very well could be correct. I will stay away from Amazon due to the fact I get it wrong with that firm every time. If I am short, it goes up. If I am long, it goes down. I am likely the best contrarian indicator on Amazon there is.

Thank goodness for ARBA, VRTA and others to offset those positions in Amazon.