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

To: Gary Korn who wrote (3522)	4/28/1998 1:14:00 AM
From: Candle stick	Read Replies (1) \| Respond to of 164684

Was there any trading after the close? I only saw one trade at 80 1/8, but there had to be more than that? Any news on CNBC? Why did they release so late in the day, and a day early?.....again, its like they were trying to go unnoticed or catch people off guard.....oh well, just have to wait till tomorrow to find out....as far as YHOO....at least they showed a profit and they doubled the street estimate. I don't expect anything like the YHOO response for AMZN.....on the contrary, given the negative market I expect to see AMZN open higher on some short covering and then trade lower......they numbers, with the exception of revenue growth, are lousy, as is the discount bond offering and the likelyhood of profits any time soon........;^)

To: Gary Korn who wrote (3522)	4/28/1998 1:51:00 AM
From: Mark Myword	Read Replies (2) \| Respond to of 164684

Gary - I will be very surprised if Amazon makes a strong move tomorrow , but I've been wrong before. Most of the bond market commentators are talking about more bad days ahead , higher rates , possible inflation , etc. I can't believe that sheer disregard of so many negatives will prevail , with today's scare , but who knows ?? If it does spike , it will be over with in a day or two. Why would anybody in their right mind want to hold this stock , unless they expect greater fools to come forward ?? Finally , the Yahoo spike was based on profits , although laughably tiny (vis-a-vis the stock price) and a completely different sort of internet delusion , that it may become the "gateway" or "portal" through which all E-commerce will somehow be forced to pass. Amazon doesn't have the benefit of similar silliness. Once the internet euphoria wears off , and these stockchasers sober up , I think we will see radical selloffs of almost all these issues. It is only a matter of time before it becomes clear that there is not that much value in a book-order website , or a music-order website , when there are many out there , and price is the main way to compete. There is also a limit on delivery services , so I don't think we'll suddenly see 20% of U.S. commerce flowing through the Web. Amazon's numbers tell the story loud and clear - the gross margin didn't get better , and the sales and marketing also rose proportionately with sales volume - not a positive sign. It's called.... drum roll please....... VOLUME WITHOUT PROFIT !! And finally , the environment is less manic now , IMHO , than a few weeks ago... lots of MO-MO players had to be pretty nervous about two o'clock today...could be ugly in days to come too....lots of running for cover , taking profits while they're still there , etc.