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

To: Glenn D. Rudolph who wrote (8873)7/5/1998 2:37:00 PM
From: Roger Smith  Read Replies (2) | Respond to of 164684
 
Glenn,
AMZN reminds me of CSCC. Every analyst was very bullish on the stock and when CSCC dropped the bombshell, investors lost 50% or more overnight. Before that every dip was a buying opportunity for CSCC.

You are absolutely right about your assessment of AMZN. Negative book value, internet being very competetive place, razor thin margins in book business.

Only thing we have to crib about is our timing in shorting AMZN is not right.


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