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


To: Candle stick who wrote (3063)4/16/1998 11:29:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Maybe B&N will close all of their stores since Wall Street seems to think that ALL books will be sold on the internet.
You, know I've always thought that WS was the smartest thing out there. So what the hell are they doing with Amazon??
Oh, I it get! Its not conservative Wall Street doing this, its the extreme momentum players.
Gosh, I think they are leaving CD this morning (something about accounting problems) reducing their market cap by , WHAT!!!



To: Candle stick who wrote (3063)4/16/1998 11:45:00 AM
From: RFF  Respond to of 164684
 
This one is amazing. Drops 2 5/8 and then rallies back in a down market. It has to be the shorts fed up and trying to cover. I can't believe that anyone would actually being buying on the long side at this point.

Some of my favorite comparisons of mkt cap: AMZN at $2.4B

Netscape $1.7B
Borders $2.4B
Polo Ralph Lauren $2.7B
Reebok $1.7B

You could trade AMZN for all these companies:

Boston Beer $170M
Oakley $890M
Converse $111M
Playboy $309M

and still have $1 billion left over to party with......