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

To: Alomex who wrote (24788)	11/6/1998 4:37:00 PM
From: Rob S.	Respond to of 164684

"For the good of Amazon I hope so . . . " For the good of the consuming public, Amazon will have net margins, if they ever turn profitable, of well less than 2%. Whether it is realized this year or it takes toward the end of next year, Amazon's inflated price will collapse, IMO. - But probably not until insiders have sold several hundred millions worth of stock to the gullible. I started selling shares today - I figure that the top has now been pretty well set in according to the TA and my understanding of what is driving the stock (as limited as that may be).