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


To: Mark Fowler who wrote (12213)8/1/1998 1:47:00 AM
From: Randy C.  Read Replies (1) | Respond to of 164684
 
Thought we'd have more selling pressure today with the Naz down 47 points. I'm getting an eerie feeling of dejavu here... This feels a lot like the way AMZN trended down in March. Volume is drying up, no panic selling... I'll remain short until we see this downward trend reversed but I have to say I'm disappointed in the strength of AMZN and YHOO today. Where are the sellers???
On a more positive note, we did see a double digit decline in AMZN share value this week. Sentiment is pretty poor right now, the broader markets should continue to trend downward next week. AOL earnings should be interesting...



To: Mark Fowler who wrote (12213)8/1/1998 3:48:00 AM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
Mark, most internet commerce is business-to-business and that percentage is growing. Forecasts are 70%-90% of commerce on the net will be biz-to-biz. The national economy would not even notice if e-tailing disappeared tomorrow. And only a relatively small number of investors are involved with inet stocks. Don't delude yourself, its just not that important yet and the companies that will end up making the most profit from it won't be Amazon or Yahoo!. "Trust me on that".



To: Mark Fowler who wrote (12213)8/1/1998 8:39:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
if Amzn wanted to show a profit next qtr.,
i don't think i'd stick around... Go baby, Amzn.


Mark,

I doubt AMZN could show a profit no matter how hard they tried. Keep in mind, the cost of operations are in the marketing costs. They could stop advertising but the employees will require payment. The rent needs paid, utilities, workers comp, etc.

Glenn



To: Mark Fowler who wrote (12213)8/1/1998 11:42:00 AM
From: H James Morris  Respond to of 164684
 
Mark<. if Amzn wanted to show a profit next qtr>
Let me, in my mind, correct the above. "If Amzn 'needed' to show a profit."
Lets go back to what Mr Bezos has repeated in the last few weeks.
He has made it perfectly clear that Amzn's stock price is out of his hands and in the hands of Wall Street. These are the controllers and we all know by now who they are (I hope).
There is no one here, including you and I, that will affect Amzn's stock price what so ever.
What will affect the stock price is, how the controllers decide to play this 'Thing' out.
They have so many options, too many to mention here.
Your biggest risk is that Wall Street retreats and looks for less risky investments. My biggest risk is that the controllers decide not to leave because of all the money they're making with this wonderful spread and the float that they control. I'm stuck hoping they will start to leave by the third Friday in October, with my last bet being, by the third Friday in January 1999.
Personally I'd rather be in your shoes. Assuming you're smart enough to put in stop losses to guarantee your current profits.
As I said above, Amzn's stock price is out of everyone's hands except the controllers.
Now, Mark, I do trust you, and I hope you feel you can trust me.
But don't trust the controllers because their mission is to make money for themselves and that's at everyone's expense. Yours and mine. Bulls or Bears.
trust me.
God Bless America.



To: Mark Fowler who wrote (12213)8/1/1998 7:54:00 PM
From: Victor Lazlo  Respond to of 164684
 
Mark, there is a big difference between internet co's making $ (they do exist, you see)and co's like AMZN. AMZN can continue to tank, in a non-tanking market. (Sorry to wake you from your dream)
<g>

Victor



To: Mark Fowler who wrote (12213)8/3/1998 9:46:00 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<< IMO, IF Amzn and the internet crowd go the whole market is going to be in deep shit...trust me on that one James. >>

Mark, I do not trust you on this one, because your thinking is blurred. Try some numbers:

The NASDAQ is down 8% from its recent all-time high.
AMZN is down 26% from its recent all-time high.

AMZN and the internet crowd will likely tank to much greater extremes than the market at large, even the volatile NASDAQ.

Victor