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

To: Oeconomicus who wrote (1843)3/2/1998 12:29:00 PM
From: cellhigh  Respond to of 164684
 
i did'nt even expect the profit taking to subside so quickly!!oh well
off to new highs.shorts...i'm glad i don't feel your pain!
get out while you can!!



To: Oeconomicus who wrote (1843)3/2/1998 12:34:00 PM
From: Don Westermeyer  Read Replies (3) | Respond to of 164684
 
Bob,

At the current stock price, AMZN would need to be making over $3.00/share just to be even with the return from checking account.

Even that is probably 8-10 years away!

This stock is definitely in the 'spooky i-net cult stock' category.

I sincerely feel bad for the people who are buying the stock based upon earnings almost a decade away, it likely will end up very bad for them.



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