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

To: GST who wrote (37405)	1/28/1999 1:41:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

The real question is will it come back? Don't go into the water and short, we do not know if all the elephants are still holding their shares. The current shorts are not our friends(In the sense that shorts will be under extreme stress to cover and push the up-swing in craze ways)!! Let the day-traders kill each other, not us!!

To: GST who wrote (37405)	1/28/1999 1:42:00 PM
From: Yojimbo	Respond to of 164684

GST --look, given my net short position, there are few here that would like to see it go down as much as i would (w/the possible exception of glenn). all i'm saying is this: be careful and never ever try to guess which way it's turning (ok, i did yesterday). this "thing" has of history of going its own way, which means that if it's a dog, it's a hyena. "rumors" of bankruptcy, while ultimately probable, are waaaaaaaay too soon. they'll successfully sell their convert to a bunch of speculators and it'll be 3 yrs before any real threat of default. the stock will go down, but just as surely as it'll go up... y

To: GST who wrote (37405)	1/28/1999 1:49:00 PM
From: IceShark	Respond to of 164684

While I think it is futile to try and rationalize the price movement in this stock, the new debt offering may significantly change perceptions. It is one thing to say you are bypassing accounting "earnings" to build a dominant market position and getting a free pass go card by the Street for a couple years, quite another to lose tons of cash and imbed big fixed costs into the business. This debt just adds an additional burden on an already uncertain outcome. I wonder if this is going to be another zero to boot?