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


To: Satellite Mike who wrote (8819)7/4/1998 3:53:00 PM
From: umbro  Read Replies (2) | Respond to of 164684
 
When does Amazon announce earnings?

My guess is that they'll beat estimates, and AMZN will pop (to 150?),
and then will be time to consider shorting it.

Something to consider is that the book sellers have their
best quarter ending Dec., due to Xmas sales. So, the big/final
pop up in AMZN may not happen until Jan/Feb when those earnings
come out. If that scenario plays out it is a long, cold winter
for the short sellers.