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


To: Glenn D. Rudolph who wrote (8572)7/2/1998 1:41:00 PM
From: jach  Respond to of 164684
 
AMZN at some 120$ --

1. prudent investors buying at this price, either they do not know the earnings potential or just want to gamble. One simple point to think about during the holidays - even AMZN owns almost all the book mkt in US they may not earn enough to be at these prices.
2. shorters panicking and buying whenever it dips - think about a yr from now, imo, if amzn is more than 50$ will be somewhat of a miracle.



To: Glenn D. Rudolph who wrote (8572)7/2/1998 5:51:00 PM
From: jawd  Read Replies (2) | Respond to of 164684
 
Glenn,

Perhaps this would be an appropriate time for you to publicly thank all your "friends" on this thread who gave you such wonderful support and encouragement to hang on to your 3,000 AMZN shorts over the last few weeks.

Through thick and thin they were there for you.

With friends like that, who needs enemies?