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

To: Jeff Olson who wrote (3284)	4/22/1998 11:34:00 PM
From: Candle stick	Respond to of 164684

Yeah Jan, SEEK will report just like XCIT did....and then XCIT fell from 93 to 65 in one week.....I would hang on......the upside momentum is broken and reality will come crashing down hard and fast for most of the internet sector, AMZN leading the way....IMHO......;^)

To: Jeff Olson who wrote (3284)	4/23/1998 12:14:00 AM
From: Skeeter Bug	Respond to of 164684

>>Remember, buy on the dips.<< there is a fine line between buying dips and dips buying.

To: Jeff Olson who wrote (3284)	4/23/1998 12:58:00 AM
From: Nick Kuritzky	Read Replies (1) \| Respond to of 164684

I have never shorted a stock but I feel that AMZN is one of the most overvalued stocks in recent history. Barnes & Noble will spend a lot of money to make their site just as good as AMZN and take significant business. This company has never earned a profit and will face significant competition. This is similar to what happened with Etrade and internet brokerages, but at least Etrade was/is making money. Look at the big picture and you have to be a moron to go long on this stock.

To: Jeff Olson who wrote (3284)	4/23/1998 2:49:00 AM
From: Satellite Mike	Respond to of 164684

Buy companies with little competition and much barriers to entry on the dips, that is. Mike

To: Jeff Olson who wrote (3284)	4/23/1998 9:15:00 PM
From: Jeff Olson	Read Replies (4) \| Respond to of 164684

The greatest chance yet to buy the internet stocks on sale. Did you miss the recent run-up in internet stocks because you listened to the shorts? NOW is your last chance to buy them cheap. SEEK showed an increase of 131% in 1st Qtr revenue (I predicted SEEK would show good earnings in post 3284)! The Street is going to go wild tomorrow driving these stocks up as they will when AMZN reports earnings next Tues (4/28/98). If you listened to the shorts when they said "sale AMZN at 60" then you know how wrong they can be. Money is gushing into the stock market via 401K plans and Mutual Funds with no place to go except those stocks that Wall Street can't fairly price like the internet stocks. Perception is everything on Wall Street and regardless of this minor downturn, the perception now (via SEEK and other internet stock earnings) is that earnings are increasing exponentially. Gush, Gush, Gush. That's the sound of money flowing into the Stock Market with no place to go except those stocks with unlimited potential like AMZN.