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


To: Glenn D. Rudolph who wrote (10573)7/16/1998 8:25:00 AM
From: Imran  Read Replies (1) | Respond to of 164684
 
Glenn,

One of the dangers you face as a short-seller is if AMZN uses their insane stock price to buy out a legitimate company. I don't believe Bezos is stupid enough to expect somebody else to buy him out.

Unless revenues are an absolute disaster and only a 2-for-1 split is announced, this stock is range bound. The steady stream of articles on AMZN's inflated prices will die down and that's when they will start buying left and right.