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

To: Sarmad Y. Hermiz who wrote (50214)	4/15/1999 12:48:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Well, thanks for the suggestion. I have thought about it a wee bit, but then a maverick like myself probably wouldn't warm the hearts of the moneychangers on Wall Street. I don't know if I could learn to sugarcoat things enough. I think the Internet ad revolt will be a gradual move. The Internet will continue to grow and new advertisers will come on board. But part of the ad agencies and "media buyers" job is to get the very best deals they can for their clients. That means they will put increased pressure on Internet ad rates. Amazon is not as vulnerable as some other Internet stocks and probably will not collapse nearly as much during a sell off. I think we will see another move up a few days before earnings come out. But I will stick with my prediction that by August Amazon will see the 110 level or lower. This fall should see renewed excitement for Internet commerce stocks because sales should grow dramatically. The profit picture can again be ignored in that environment. Next year will see a lot more Internet commerce plays, particularly among many traditional product companies. This should be great for consumers - just pick up the give-aways and loss-leader bargains that will be used to drive traffic!