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


To: Olu Emuleomo who wrote (7626)6/25/1998 4:44:00 PM
From: Tradegod  Read Replies (4) | Respond to of 164684
 
Here's what I find absolutely amazing.

As somewhat of a contrarian, I have observed with interest some of the other stock runs that defy gravity. Iomega, Presstek, and Dell come to mind. In these three stocks, visitors to their threads could hear emotional enthusiasm and a somewhat "reasonable argument" for the explosive growth in "earnings" based on the business that they are in. Remember the zip drive in every pc, the revolutionary color printing technology, the business/inventory management model of Dell? (Dell's run up was actually based on performance and somewhat justified)

Yet where are the proponents for Amazon? What is the argument for explosive growth that would almost triple the stock price in 2 weeks. Other than low margin cd's are there revenue/profit opportunites that have not been factored in? AOL announced some time ago that they were raising prices and the stock popped. They could do that and flow it to the bottom line. Can Amazon? There's B & K, and borders, plus NTKI and CDNW. I've seen stocks explode to the upside, but most have been because news of phenominal potential. There is nothing new.