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

To: doug doan who wrote (1601)	2/18/1998 10:18:00 AM
From: Candle stick	Read Replies (1) \| Respond to of 164684

The stock is being registered for sale, not actually sold at the time of the filing. We had several very high volume days over the last couple of weeks, and I am sure some stock was sold then. Probably the bids have since dried up and the sellers are waiting for some to appear to start selling again. Remember, the 144 is just registration and the stock can be sold at any time after that. It could be today, or it could be in 2 weeks. But one thing is for sure, it will get sold eventually.......... Low volume with a declining price is good I think. To me it means that the buyers are gone, and the sellers now have to wait or sell into a weak market and crash the price 4-5 points in a day. I think they are waiting at the moment, but since everyone knows they are in the wings waiting to sell, I don't think you will see any new buyers stepping up to the plate anytime soon. When the sellers do start selling again the stock will drop dramatically. I am looking for at least a test of 51-52 area and if that breaks a quick drop to 44. Over time (6 months) AMZN should end up below 30...........;^)

To: doug doan who wrote (1601)	2/18/1998 11:47:00 AM
From: Candle stick	Read Replies (4) \| Respond to of 164684

AMZN better have the lowest prices or they will get shut out by search engines like Acses, which I think will soon become the only way to buy a book. If you are on the 'net shopping for a book, hey! you already know what you want, you just want the cheapest price. So why go to AMZN when you can go to acses.com and find the guaranteed lowest price. It might be from AMZN or it might NOT! They have 25 bookstores to search from. My point is that soon the place you will all be bookmarking will be a search engine like Acses and NOT AMZN. So why are you paying 1.5 billion dollars for AMZN? They have NO profits and how will they become profitable when it is becoming obvious that bookselling on the 'net is a commodity item and that the LOWEST price will get the business? AMZN is already losing money now. Think about how much they will lose once they are forced to lower prices to hang on to declining business due to search engines like Acses. Maybe the stock to buy is Acses and not AMZN. Food for thought, no?..............;^)