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

To: H James Morris who wrote (43853)	3/4/1999 2:09:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164685

James, Amazon is like a Latin American country that is debasing its currency. They run a current account deficit financed by borrowing. Like Thailand or Indonesia. For a while MS plays the role of the IMF and World Bank. The speculators keep shorting it because they have negative cash flow. The insiders selling stock all the time (equal to printing money). For a while people don't realize it, but then it becomes too much. You saw what happened to all those countries who lived on debt.