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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Bob Trocchi who wrote (10470)	6/23/1998 10:18:00 PM
From: Peter V	Respond to of 18691

Bob - Fundamentals got nothin' to do with AMZN anymore. Haven't for some time. When and if they do, it will crash. I'm betting it will crash this year, but probably not down to a level supported by fundamentals. AMZN has a life of its own, it's the favorite momo stock, and the higher and faster it goes, the further it will crash. I wish I knew the date and time. :-)

To: Bob Trocchi who wrote (10470)	6/23/1998 11:44:00 PM
From: Joey Two-Cents	Respond to of 18691

Bob, AMZN is only 18% or $ 17 from the combine market cap of Borders & Books and Barnes & Noble. B&N has already recorded $ 100M in online sales compared to AMZN's $ 219M. It appears this rally may be the fund managers investing their cash before the Q end statements go out. Wouldn't want Ma & Pa Mutual Fund not fully invested.