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

To: Mark Fowler who wrote (12216)	8/1/1998 3:57:00 AM
From: Rob S.	Read Replies (2) \| Respond to of 164684

The market is sick and the internet stocks are even sicker. Many recent IPOs are burning and crashing. The market has or soon will have reached a saturation (or boredom) stage with internet companies. Mark, you thought it would shoot up to 160 a while back. that didn't happen and any further move up from here is only going to be temporary. Why not wait for this darling stock to start showing some earnings improvement? If they can continue to grow sales AND improve profitability, then you may have some sort of case to justify a $100 price. Until this company's vision is more than a pipe dream, the market won't continue to value it as if it were.