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


To: Glenn D. Rudolph who wrote (26077)11/15/1998 8:58:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Glen, it appears that the 'Thing' wants business, and will do what ever it takes to get it. That's why William loves it.
amazon.com



To: Glenn D. Rudolph who wrote (26077)11/15/1998 9:48:00 PM
From: Techie  Read Replies (2) | Respond to of 164684
 
Glenn even Ms. Meeker is advising clients to "protect their investments in internet stocks" via option hedges (a report published on Friday re: Nifty Nets). You know what that means right? It's a top and a pullback is expected. Short-term traders will vacate this space.



To: Glenn D. Rudolph who wrote (26077)11/15/1998 11:06:00 PM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
> The market is going to give AMZN the benefit of the doubt until the >fundamentals become so poor no one can give them a positive spin. >Need to wait until net spring
>for that.

Glenn, do not forget how bad the fundamentals have to get before any analyst looking for IPO business will downgrade AMZN. Remember that all the analysts kept recommending Boston Chicken as a buy until the day after they declared bankruptcy. I'm surprised they went out on a limb and gave a "sell", I thought they'd probably just downgrade it to "hold".. :)