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


To: Bill Harmond who wrote (58515)5/25/1999 6:27:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> Go Amazon! It's a run for the roses!

No, it's an ungraceful swan-dive into chapter 11.

Bezos has ramped up the burn rate to such a degree, if a shareholder lawsuit ever stripped AMZN of its warchest, it would be delisted within weeks.

Not exactly the sort of company one would bet the farm on? (at least, long)

So William, since you believe in the company so much, are you still long?



To: Bill Harmond who wrote (58515)5/25/1999 6:49:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Go Amazon! It's a run for the roses!

William,

Did you read that news release I found close to a week ago that stated Amazon was negotiating with Consolidated Freightways for the deliver of large appliances? Terms were not disclose nor was a confirmation of an agreement given. That one still has me wondering. It could explain that much distribution center????

There is a lot of information out there when one really looks hard. That story is posted on this thread somewhere LOL. I could locate it again if necessary.

You thoughts on this please.

Glenn

PS I am done picking on Amazon. I just need long positions to make some equity. No sex and frustrated as you politely pointed out;-)



To: Bill Harmond who wrote (58515)5/25/1999 8:36:00 PM
From: Rob S.  Respond to of 164684
 
Another interesting statistic: mutual fund flows turned negative for the first time since the start of last summer's big sell off. Although only $3 billion net outflow, the movement out of the high tech and highly speculative Internet sector was masked by a shifting of capital out of these sectors and into cyclicals and defensive stocks, such as utilities. Although I don't have a good measure of the amount of money flowing out of the sector, it is fairly easy to get the jest of it by looking at the paper losses in the leading Internet stocks - tens of billions in the red since their highs.

The mood of investors has changed along with the fund flows: good news tends to be discounted now whereas a few months ago just about any news at all was taken as a reason to propel a stock upward.

IMO, bulls are pushing a wet noodle up a mountain. Best to wait until latter in the summer - until then attempts to rally these stocks will only end up in frustration.