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

To: Bretsky who wrote (40934)2/18/1999 2:23:00 PM
From: HG  Read Replies (1) | Respond to of 164684
 
YES !! YES !! YES !!

APPLY NEWTONS LAW IN REVERSE...ALL THINGS THAT GO DOWN MUST COME UP..!!! ITS JUST THE QUESTION OF WHEN !

DID YOU HEAR THAT OR SHOULD I SPEAK LOUDER <GRIN>

AND DO YOU KNOW WHY LU ISN"T RALLYING ? MAX PAIN IS AT 105, SO IT SHOULD BE AT 105 LATEST BY TOMORROW...??




To: Bretsky who wrote (40934)2/18/1999 2:26:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 164684
 
WHY IS THIS THING SELLING OFF ??

Are you kidding??! A better question might be why did it go up in the first place. It wasn't like AMZN was making tons of money or anything.

Even at the current 'low' price there is still about 20 years worth of strong growth is priced into the stock.

If this thing decides trade on any reasonable multiple of sales or earnings it has a lot more downside.



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