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


To: Mark Fowler who wrote (54293)4/30/1999 12:30:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Mark,

I know 115 is extreme. But if the perception changes about Amazon. Meaning if profit expectation slides back from year 2000 to 2002. People conclude that the bonds won't convert soon. Losses on the order of 250 Million this year and next. It will really not take much. It went from 220 to 170 in 3 days. another 3 days like this, where does that put amzn ?

Thinking about upside ? what will it take to go to 220. Greatly increased revenue ? didn't work. Expansion into other lines of business ? not working. Is there any more brokerage houses to upgrade ?

I think the best case for amzn is to settle into a trading range 120 to 140 where it was before the auctions and Kansas warehouse.