Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn D. Rudolph who wrote (11194)	7/22/1998 9:43:00 AM
From: Jon Scott	Read Replies (1) \| Respond to of 164684

Short AMZN and use the profits to buy TGSK at $3 Worth a look TueJul21TGSKGreat White Marine and Recreation, Inc. Reports 75% Increase in Revenues; 81% Increase in Net Income in Audited Second Quarter Results

To: Glenn D. Rudolph who wrote (11194)	7/22/1998 10:29:00 AM
From: Alan Newman	Read Replies (4) \| Respond to of 164684

I am short SPLN, and looking at how the Street reacted to SPLN's results might indicate how the Street will interpret AMZN's results. In any case, it's interesting to look at other internet stocks. On Friday, SPLN announced increased page views & the stock ended up a little over $2. biz.yahoo.com SPLN was scheduled to release results after the market closed on Tuesday. SPLN closed up over 2 on Tuesday. SPLN's results exceeded Wall Street estimates- their loss was less than expected. SPLN reported revenues of $7 million. The market cap is over $600 millioin. biz.yahoo.com Today, Wednesday, SPLN is down over 3- is reality setting in? My guess as to what this implies for AMZN: AMZN will close up today. AMZN will "exceed" estimates- have a lower than expected loss. On Thursday, reality will set in that paying 130+ for a stock that won't make money for a couple of years is not wise, and profit taking will begin. I won't guess how low AMZN will go, but I do think it will continue to drop for a few days. Alan