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

To: majormember who wrote (20781)	10/8/1998 2:26:00 PM
From: Gil Gilbertson	Respond to of 164684

So much depends on the overall market, in this kind of situation all ships ride the tide to some degree. I can only say that I believe Amazon will slowly flow back to the jungle as their new competitor (Barnes Noble and Bertlesman) will be a powerhouse that is going to spoil their party. They may scratch out a living, but when they were projected to lose money without this new event, what chance do they have in the next 3 or 4 years of being the dynamo everyone thought. The only danger I see is how many shorts are still waiting in the wings to buy in and at what price. I just think it might be more prudent to look for another fish in the pond at this time...gil