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

To: saber hormi who wrote (1199)	1/16/1998 10:58:00 AM
From: Andreas Helke	Respond to of 164684

Making money is indeed dangerous for a high flyer. As long as those companies still have losses they trade on future potential. And while people are still optimistic that potential is considered to be pretty much unlimited. Once the company starts to make money it will be compared with other companies and found to have a absurd P/E. This phenomen is one more reason why it is reasonable save to be short Amazon. Many biotech stocks went down when the companies started to make money. Andreas