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


To: Tom D who wrote (2642)4/1/1998 3:28:00 PM
From: saber hormi  Read Replies (1) | Respond to of 164684
 
>>It is just risky to short it because nobody is really sure how big internet commerce will be>>

Well It is just risky "period"

David Faber at CNBC just said that this is a short squeeze. He also mentioned that this stock has chance to end up like PRST which is down more than 5 today, and believe it or not PRST is actually making money.



To: Tom D who wrote (2642)4/1/1998 3:45:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 164684
 
I've always said I wouldn't bet too much on a stock like AMZN either way. I'd be waaaay more nervous being long in AMZN or YHOO than short. Eventually these companies will have to make money to support the price. AMZN is a very long way from the $4+/share needed to support even a modest P/E of almost 25. If sales growth stalls for even a couple of quarters within the next few years, look out below!