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

To: NOW who wrote (106539)	7/26/2000 8:38:35 PM
From: Ram Seetharaman	Read Replies (3) \| Respond to of 164684

It is not momentum for sure! - since momentum is negative on the stock due to some pricks from Lehman brothers bashing the stock! Fundamentals are changing as its loss as a percentage of sales is improving. IMHO, AMZN is going to make it. We have five more testy quarters till the end of 2001, when it is supposed to be profitable! I don't foresee a rcession in U.S. So AMZN sales should increase. If they cut costs, they may make it sooner than the end of 2001! Stock didn't tank too much in after hours - finished above $ 33!