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


To: Glenn D. Rudolph who wrote (21055)10/10/1998 10:17:00 AM
From: Spider Valdez  Read Replies (1) | Respond to of 164684
 
glenn i believe this stock and many net stocks are much over-valued yes, but i believe this market is bullish. i like short these net stocks but it is gamble. we get very lucky with market correction gift horse oppurtunity to cover short. but i think total market is bullish and not a shorters market, unless you are in bb stock which is heavily manipulated by large brokerage firms. junk stock can backfire too on shorts where in case of aznt court order return of 4 million shares with float of 720,000. but for being short in net stock where short position is disclosed i look for book value and market performance of similar stocks in sector. i say this is chancey short but if i can find shares i will box it.
before i say yahoo have 24 employee. forgive me, i mean they grow from 24 employee thanks.
spider



To: Glenn D. Rudolph who wrote (21055)10/10/1998 1:02:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
I think we are onto something here - Bezos' plan might be to mushroom the debt and capital invested in the stock to such an extent that the company can blackmail the FED into bailing it out - the hedge funds were able to do this effectively so why not Amazon.con? By the year 2020 the blackmail may easily rise to several billion - sure sales will rise to tens of billion per year because Amazon.con will subsidize each sale with a 20%-30% deficit. Amazon may own half of Washington with all the lobyists and campaign contributions they can pay for out of the debt. Allowing them to default would be political suicide.