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

To: StormRider who wrote (30264)12/17/1998 8:55:00 AM
From: Jeff Mills  Read Replies (3) | Respond to of 164685
 
TONS of blood today. This kind of reminds me of Micron's bubble!



To: StormRider who wrote (30264)12/17/1998 8:58:00 AM
From: re3  Read Replies (1) | Respond to of 164685
 
Shorts ? I dunno...Too risky. I liked buying a put at a buck, but unless amzn swoons 100 points today or tomorrow, that money is down the drain...

Are you short ?

Howard



To: StormRider who wrote (30264)12/17/1998 9:06:00 AM
From: jach  Read Replies (1) | Respond to of 164685
 
Too generous, AMZN is a 10$ stock. Based on year 2000 estimate of 17c per share and 50 tims growth rate (extremely generous again for a retail store) AMZN = 8.5$.
AMZN still has 290 - 10 = 280$ downside to go.


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