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

To: Mark Fowler who wrote (47203)3/24/1999 1:45:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Mark,

Do you see amzn's move in the last few minutes is so parallel to nasdaq ? I believe the drop yesterday and today was not about amzn specifically, but just general selling of its index.

So if you believe the market will recover and make another run at 10,000, then amzn should have a lot of upside. But if a crash is coming, then amzn will crash much harder.



To: Mark Fowler who wrote (47203)3/24/1999 2:02:00 PM
From: Rob S.  Respond to of 164684
 
You are right about that Mark. There is no reason to think that this stock will be valued on earnings anytime in the next couple of years. They will continue to have negative earnings - the valuation would need to be that they would pay you to take ownership of the stock!


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