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

To: wiz who wrote (31056)12/24/1998 10:19:00 AM
From: Mandinga  Read Replies (2) | Respond to of 164684
 
My point is that you are talking of a 30% drop.
That is too much for me, that's all.



To: wiz who wrote (31056)12/24/1998 10:24:00 AM
From: jach  Read Replies (3) | Respond to of 164684
 
No way support at 200$ or even 100$ when the big bottom falls off.
AMZN market valuation the same as JC Penney and the large retaileres such as COSTCO. Running to a few hundred millions $ business as opposed to running a 20B$ mass-market retial mechandising are two world apart. Putting together the infrastructure, distribution logistics, proper accounting, and people to run 20B$ business takes time and experince, not overnight.


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