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


To: Candle stick who wrote (1205)1/16/1998 10:34:00 AM
From: John H.  Respond to of 164684
 
Candle stick -

At least no suprises in the chart; this is acting like a topped out issue. It missed the last high of 60 1/2, and is pulling down in a rising market. It may take another week for this puppy to tank, but I think it's gonna hit the ground like a hefty bag full of vegetable soup.

JH



To: Candle stick who wrote (1205)1/16/1998 7:50:00 PM
From: John May  Read Replies (2) | Respond to of 164684
 
Candle, apparently you are grossly misinformed. When you measure pockets consider this:

AMZN on 9/30/97 had $44.7 million in cash with a current ratio of 2.9 to1

BKS on 11/1/97 had $11.8 million in cash with a current ratio of 1.4 to1

You're thinking AMZN is losing money, right? But so does BKS for 3 quarters out of 4. And as for, "AMZN will be lucky to still exist at the end of 1998" - come on! These kind of predictions have littered this thread since last May.