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


To: purecntry5 who wrote (27753)11/23/1998 12:03:00 AM
From: Jay8088  Read Replies (1) | Respond to of 164684
 
AMZN bubble collapsing would have a much more negative consequence for AMZN. Their business model would be questioned. Even the customers may learn that AMZN has been losing tons of cash. Some insiders may face charges of stock manipulation and end up in slammers. All in all, it will not be a pretty sight and not a confidence boosting picture for book buyers.

Caviar: Do not short AMZN based on this personal prediction. No one can predict where this mania would top out. Meanwhile, the short squeeze continues. In a previous post, I even suggested AMZN going above $400 (pre-split). So it is anyone's guess. I do feel more confident in predicting AMZN's negative business prospect. I still get tickled by the 'Walmart on the web' idea. LOL. LOL.