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


To: Frost Byte who wrote (45633)3/14/1999 4:13:00 AM
From: JOHN W.  Respond to of 164684
 
Hey frost byte, be careful on trying to put a negative spin on a future internet IPO. We have at least 15 scheduled within the next few weeks including buy.com and The Street.Com (No wonder Crammer turned from a short on internets to a "true believer"). If one of these IPOs falters. all internets will tank.
P.S. As reported in Barrons, The NY times invested 15 million in the TSC the day before it announced it was going public. Crammer became a true convert on the internets shortly before the company announced it was going public. Now the NY times runs a fairly positive piece on a internet stock.
Diller knows this bubble is going to burst. If CMGI does not prevail in thi, all internets will be re-valued. If the mkt turns, internets will be killed.
If yoy think Eisner would pay 20B for AMZN, then you deserve to lose all this money if you intend on remaining long on this hyped virtual company. The stupid shall be punished.



To: Frost Byte who wrote (45633)3/14/1999 4:24:00 AM
From: JOHN W.  Read Replies (1) | Respond to of 164684
 
Barton Biggs, recently warned of an entire mkt pullback (30%) based on breadth and valuation, and wild specultion by Joe Public in the internets. He has warned us before about the nets. Don't expect a lot of help from MS in driving the price higher so you can recover some of your losses.

Have you ever wondered who was that last poor stupid SOB who bought AMZN at 199??? Was it you Frost Byte? If you think it was a short covering panic squeeze you are probably right, and exactly why we will not get this type of near term surge again. Additionally, the lowering Vol on AMZN even when the stock was trading up earlier this week is a very bearish sign for amzn. I think we could see 118 Monday intraday