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

To: Alomex who wrote (1551)	2/11/1998 6:19:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 164684

You want to short a high flier, I prefer the odds with Yahoo: they don't have the revenues, and Softbank is under a lot of pressure to sell.... I certainly hope you are right about that! I have a big YHOO short, too! What do you think of YHOO beginning to trend up again? The T/A people are getting excited over on the YHOO thread! There are differences - YHOO is a low revenue, high margin business (at least profitable), AMZN is a high revenue, very low margin business.

To: Alomex who wrote (1551)	2/11/1998 10:11:00 PM
From: Candle stick	Respond to of 164684

Alomex, >>>yet AOL pulled the trick and anybody who shorted it came out a sore loser.<<< Yes, AOL is a lot higher now than it was 2 years ago. However there were a lot of opportunities for traders to make big money on the downside as well. It was by no means a smooth ride up. In May '96 AOL fell from 71 to 24 1/2 in 2 months. In Dec '96 AOL fell from 44 to 31 in 2 weeks. In July '97 AOL fell from 75 to 62 in 2 weeks. Again from 75 to 63 the next month. In Oct. '97 AOL dropped from 91 to 64. These are just a few good size drops that occurred in AOL and all of them were pretty clear top patterns on the charts at the time. So there was some money to made by shorts if you were quick and nimble, in some cases a lot. Now, AMZN may well top 100 one day. But, I feel pretty confident that it will at least retest 44 first. And from 64 to 44 is 31 % return and likely to happen fast, a month or less. For me thats a great trade. Also. AOL is a service that is becoming very popular for access to the internet. It was something new and different and provided access to a world of information previously unknown to just about everyone. AMZN sells a commodity product. Big difference in my opinion.......best of luck to all......;^)