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


To: Oeconomicus who wrote (1638)2/20/1998 10:46:00 AM
From: Candle stick  Respond to of 164684
 
BKS was upgraded to outperform by Goldman and it went up 11/16th this morning....just goes to show you what a joke the market place is. You, have a company like BKS with sales exceeding its market cap, and better than expected EARNINGS, and a major Wall street upgrade , and what do you get? A little blip up.

Now, take AMZN with sales 1/15th of the market cap, No earnings , no forecasted earnings for '98 and it can jump 3-4 points at any given moment on no news, or on jibberish like the following , from yesterdays press release:

>>"Amazon.com is a perfect example of why," Polishook said. "We're building for market share right now, not profitability. So, too is Amazon. The more money they lose, the more successful they are.<<

cbs.marketwatch.com.

Don't you love it. New way to define success!!!

Sheeeeesh! What is the world coming to.

BUY AMZN! IT will NEVER GO DOWN! RAH RAH RAH!!!!!GO TEAM........yeccchhhhhh..........;^)