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

To: stsimon who wrote (50519)	4/15/1999 10:43:00 AM
From: H James Morris	Respond to of 164684

>> A good reason is that for every book AMZN sells they lose money<< I know, I know. It's Amzns revenue growth that the bulls like. Losing $money @ this point appears irrelevant. Until today??

To: stsimon who wrote (50519)	4/15/1999 10:47:00 AM
From: KeepItSimple	Read Replies (2) \| Respond to of 164684

> A good reason is that for every book AMZN sells they lose money. I was not aware that Amazon's business operations had any connection whatsoever with its stock price, so what difference that make? I dont know the math, but I'm thinking today is a tax sell-off of sorts. Maybe people write checks out of their brokerage accounts to the IRS today and figure it'll take a few days (settlement window) until the check arrives at the IRS? I dont see any other reason. I am dubious that all the speculative crazies suddenly came to their senses today.