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


To: put2rich who wrote (9503)7/8/1998 3:12:00 PM
From: Greg M.  Read Replies (1) | Respond to of 164684
 
>>Even w/ good? Yahoo do you think they still can push amzn to 120+ for long days.<<

Thanh,

I'm not big on predictions, but no doubt a positive YHOO surprise (say $.14 or higher) could send AMZN close to 130. But IMO, the damage has been done, AMZN is no longer strongly linked to the Internet Portals/Search Sites, and what remains of this linkage will grow weaker & weaker. AMZN is a good company, but its hyped-valuation days are over. I anticipate $90 or (hopefully) below by end of October.

Monty