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

To: GST who wrote (144280)7/26/2002 10:09:09 AM
From: shag007  Read Replies (1) | Respond to of 164684
 
<<AMZN can go to $3>>

Sure it can and probably will. But I'm done with my trade just above the Sep. low.
It's a good thing we all have different price targets too, otherwise you could see 40 million shares trying to cover at the same time. Not a pretty sight.<g>

Fern



To: GST who wrote (144280)7/26/2002 10:09:21 AM
From: Alomex  Respond to of 164684
 
AMZN can go to $3 while the broader market stabilizes and begins to move a little higher.

Of course.

You wouldn't expect Kozmo to re-emerge from bankruptcy just because the market has gone up. Their business model was flawed, and they'll remain bankrupt even if the Dow doubles tomorrow. Ditto for Amazon. Their true enterprise value is around $3 per share. The market is coming to terms with that and will let the stock drift to that level...


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