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


To: Glenn D. Rudolph who wrote (7981)6/29/1998 12:02:00 PM
From: trouthead  Read Replies (2) | Respond to of 164687
 
AMZN is trading on the future. The future of the internet. Doesn't matter if it makes no sense today. The net is hot. And I think with good reason. Someday a net link will be as common and indespensible in a home as a phone or a fridge. At that time net based companies will be worth 10 times what they are today and it will be based on real money.

Just my morning ramble. Please excuse.

jb



To: Glenn D. Rudolph who wrote (7981)6/29/1998 12:33:00 PM
From: F The  Read Replies (1) | Respond to of 164687
 
>Can anyone explain the maket action for AMZN to me? Makes no sense.<

Hi Glenn,

AMZN has stayed for $98 range for the last hour with smaller volume than it was within the last two weeks. I boxed and unboxed partially and only helped a little.

Hope the momos are going away and distribution is in played. Why did not we see insiders unload theirs? The stock is already more 10 time from its IPO a year ago. What else are they waiting for? I bet in five years the price would not even be at this level.

Do you know when AMZN & YHOO are announcing earnings?

Well, good luck to all of us BEARS.

Felicia