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


To: Bill Harmond who wrote (53063)4/28/1999 8:21:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
I had made a gentleman's bet with Spy (something) I can't recall the full screen name that I would state he was correct if Amazon closed above $199. Well it had closed above $199 a while ago so this is my admission I was incorrect and he was correct.

Secondly, there is not an analyst on CNBC that is not talking bullish about Amazon. None of them seem to know what the plan for Amazon may be. They just continue to speak about good executuions and acquisitions. I am not willing to admit to William that he was correct at this point. I will admit that Amazon has received more press than I ever imagined and the market cap far exceeds what I had imagined. It is also clear that the equity markets are willing to throw as much cash at Amazon as Amazon desires. That being said, my gentleman's bet with William is still in a wait and see mode.

Glenn