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


To: Craig Richards who wrote (5930)6/13/1998 5:54:00 PM
From: KOBO  Respond to of 164684
 
all of these threads are interesting...but here a few things that are true

1-the sec filing contained many cautious facts--among them that increased competition, which they expect, will hurt sales in the future

2-today's alan abelson first page barrons article is very bearish

3-we all know that this stock is overvalued...so was iomega,netscape,spyglass,boston chicken, snapple, cybercash, and the list goes on, covering all industries...what makes them turn is always a question...but it is usually fast and drastic...the short squeeze does end, it's just a matter of when...this stock may not go down in the near future, but with the downgrades, market weakness, barron's article, and cautious sec filing, i guess i wouldn't want to be long right now....or short?



To: Craig Richards who wrote (5930)6/13/1998 6:10:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Anyone who has never made a mistake has never tried anything new. -- Albert Einstein

Craig,

Thank you. I feel much better now. I appreciate your comment alot:-)

Glenn