Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ram Seetharaman who wrote (106525)	7/26/2000 5:08:49 PM
From: Alomex	Read Replies (3) \| Respond to of 164684

If $ 32 is the bottom, then it may not be a bad idea to add now, for a double in 2001! You think Amazon's president would have quit if he thought $32 was the bottom? This stock can go down a long way and still be expensive. Hey, it is already trading at one quarter of its record high and it's just recently been downgraded further! My simple revenue projection model says that this stock is still expensive at $16 (keep in mind that this is the same crude model that in the past advised against shorting this stock as I posted here at the time).