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


To: craig crawford who wrote (20899)10/9/1998 9:35:00 AM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 164684
 
Then she didnt throw in the towel!

|Craig, thanks for correcting my misconception. She is only forecasting a slowing in earnings growth. Which still makes her a bull, which means there is more room to fall!

DocStone




To: craig crawford who wrote (20899)10/9/1998 11:54:00 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 164684
 
Craig, on NPR tonight, a manager of a new hedge fund (someone named Hirsh in N.J.) was interviewed regarding the concept of short-selling. Guess what stock he chose to use as an example to explain how short-selling works? Yes- AMZN

He said he considers fair mkt value to be $25. He also touched on how short-squeezes happen. He said he felt much of AMZN's upward movement has been due to the squeezes.

Victor