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


To: GST who wrote (44233)3/5/1999 8:03:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

I don't see amzn moving up unless a friendly analyst dismisses the rumors of revenue shortfall. The other fundamental news for amzn is their 10-K filing which shows that even if all their advertising costs and interest costs were eliminated, they would still lose money on operations. I don't know how anyone can hype them with a straight face, anymore. Though I am sure some will try.

I am puzzled that no brokers are rising to their defense. Today would have been ideal, so they could participate in the party.

So I let my 900 short shares run for the weekend.