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


To: craig crawford who wrote (16351)9/7/1998 6:49:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>Many of the AMZN shorts on this thread are too emotional and don't
sound like they are thinking clearly.<<

of course. it is obvious. a mail order book company with a web site and no profitable history is worth more than b&n and borders put together. oh, and nobody will touch their bonds with a 12% return even though they'll own the company if they don't pay.

what? have we lost are minds? us bears are so silly sometimes.

throw in the fact that amzn's current stock price reflects annual earnings greater than b&n has ever earned in their history and we really look ignorant, huh? geez! our nerve.



To: craig crawford who wrote (16351)9/7/1998 9:16:00 AM
From: Doug (Htfd,CT)  Read Replies (2) | Respond to of 164684
 
craig, Barron's past record of affecting markets in the near term is well documented. It even has a name: "the Barron's Effect". Cavalierly dismissing a bearish article in Barron's may be dismissing an important real influence on the near-term future of the market in a particular issue.

AMZN bulls may not read Barron's or pay attention to its articles. But professional short sellers and hedge fund managers do. It has been the conservative voice in the marketplace for what ... 75 to 100 years? There is a reason that "smart money" tends to pay attention to what it is saying ... because its stories can affect market prices.

Just my opinion ... I've been reading Barron's for 30 years ... and when I started, it was already the "wise old cautious man" on The Street.

Doug (no position in AMZN)