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


To: Pierre J. LeBel who wrote (20451)10/7/1998 9:07:00 AM
From: OtherChap  Read Replies (4) | Respond to of 164684
 
Maria Bartiromo just mentioned Amazon on CNBC squawk box, it is trading down 9 in pre-market trading at 100-101. She said that investors will have to decide whether Barnes and Noble.com at 200 million was undervalued, or whether Amazon is overvalued by 5 billion dollars.

Today is going to be ugly!!! (got the champage ready)

And to top it off the S&P futures are tanking!!

Glenn I truly hope you are short, and didnt go long yesterday before the close. :)

BTW- things will get worse for amazon quickly.. Every morning there are hundreds of "buy at market" orders on this stock, so even if Amazon headquarters did get hit by a meteor, there's about 100,000 shares of idiots who are buying the stock at any price any way.

I wonder if Mary Meeker will be able to hold this stock up all by herself? Hey mary, have you been "swinging for the fences" lately?
What's that you say? Amazon asked you to lower your estimates even lower?

;) Yes, I've just seen your private memo.