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

To: Bill Harmond who wrote (56892)	5/15/1999 11:16:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> Wake up and smell the coffee! Don't become a cementhead. Yahoo has taken it. Yahoo has an unchallenged global franchise, triple-digit top-line growth, no debt, big cash reserves, awesome positive cash flow, operating profit margins as high as Microsoft, and it's less than 20% sold! The fundamentals are compelling and Yahoo's market position is entirely defensable. Yahoo has been crowned a "core holding" by the most-respected analysts on the Street. That puts Yahoo in a very exclusive club. The stock has been consolidating sideways for five months. I wouldn't mess with it. << Given all these facts, why did it sell off so severely after e ? It wasn't individuals selling. So perhaps it is not such a core holding after all. I think 130's for yhoo are coming and very likely in the next two weeks. I do wish for a chance to short again above 170, and if enough people feel as you do, maybe I will get the chance.