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


To: Olu Emuleomo who wrote (128075)7/10/2001 7:11:35 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
It's kinda strange...but AMZN stock price is kinda stable! (more stable than the previous kingpins like EMC, AMD etc..)



Agreed. Kind of strange in a way. I believe the perception of cash provides investor security. Thoughts on that?? The telecoms have debt which needs immediate servicing. For that matter, the public expects EMC and AMD to bring in profits. Amazon is not expected to bring in profits although is expected to reduce losses. The debt does not need immediate service so that is how I see the investor perceiving the stock.

I don't see a lot of safe plays out there in anything. Even commodities are kind of like a yoyo (sp).

I am not buying in fact I would like a rally to sell more. Do you see bargains?