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

To: Mark Myword who wrote (6321)	6/17/1998 1:13:00 AM
From: Joe E.	Respond to of 164684

Just wanted to announce for the second time that I am taking what remains of my chips and skulking out of the casino, beaten again. I will be back, but not for 6 months or so. By then I expect to know: Does the music biz work for Amazon? Does BKS or Borders present an obstacle? Will stratospheric growth continue (well in 6 months I really expect just a hint on this one)? Do page hit counts correlate with sales? How high will this current run take the stock? What happens when AMZN does video? Will Amazon's TV ads hurt or help? See you then, and don't forget the shorts' motto: Shop on Amazon, comparison shop at ASCES.com and buy at All Direct!

To: Mark Myword who wrote (6321)	6/17/1998 1:13:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 164684

i hope this bowser goes down. this up move is nothing short of uncanny!

To: Mark Myword who wrote (6321)	6/17/1998 7:12:00 AM
From: Tom D	Read Replies (1) \| Respond to of 164684

<<<may go higher, but will surely revert to a much lower level soon.>>> William, what is your basis for this statement? This is the heart of the challenge AMZN presents to investors. We can all do fundamental analysis. We can all see negative earnings. We all know it is easy to write web pages. Anybody can see that, on fundamentals its overvalued. AMZN is a concept stock. Valuation is disconnected from fundamentals. Why do you say SOON? I think you need an event or a catalyst to bring this stock down. First everybody thought it would be the unlocking of the insider shares. Well, the insiders did not sell. Then they thought it would be the arrival of BKS and serious online competition. Not so far. If you think you have a gift or intuition for timing, go for it. But please consider how difficult it has been for everybody to predict the behavior of this beast. IMHO, enough smart people have lost enough money on this stock. Please give attention to how much risk you are taking. FWIW, I strongly disagree with notion that you can just assume its going to happen soon. It could take years. I don't know. Best regards, Tom D