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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Candle stick who wrote (46)	4/2/1998 12:41:00 AM
From: Ed Zhao	Read Replies (1) \| Respond to of 182

>>I think one analyst downgrade will be all it takes...it is beyond me how none of the 30+ analysts following AMZN have yet to downgrade<< Analysts rarely downgrade before bad news are out and the stock get a big hit. (ORCL for example). Besides, there's only 3 strong buy according to Zacks. On the other hand, highly hyped stock can crash without any particular bad news. IOM is one such case. It happens after price blow out. AMZN does not show such blowout pattern yet. AMZN will crash, but probably not until it make a run well north of 100. XZ