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


To: wiz who wrote (28545)11/30/1998 11:53:00 PM
From: jach  Read Replies (1) | Respond to of 164684
 
AMZN is going to go down big time. All the big boys are pretty much ready with their great web sites. For examples, great name brands with prestige image such as Disney and many others will be selling from books to toys to whatever. Simple question to ask yourself, why would one wants to buy from the amazon if the same thing is available from Disney at the same or cheaper price. The person or kid receiving probably will be much more delighted to get a package with Disney logo on it rather than the AMAZON. So, maybe this is the beginning of the tanking-amazon that will take it down to 50$ in no time. With this rate of 24$/day, by Friday AMZN = 96$. Not bad, exactly half of today's value. Sell asap before it's too late. All imo.

If one is thinking properly, tomorrow, one will convert AMZN shares to Disney. A year from now, this person will probably be very glad converting to Disney. IMO.