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


To: Wayners who wrote (59161)5/29/1999 12:28:00 PM
From: George Sepetjian  Read Replies (1) | Respond to of 164684
 
You're in denial

Or you're in love with the stock. Both are fatal to successful investing.
The stock is off 47% from its high of only 5 weeks ago.
Buy some more tuesday.
Rots of ruck.



To: Wayners who wrote (59161)5/29/1999 12:40:00 PM
From: Bearded One  Read Replies (1) | Respond to of 164684
 
I've been doing this for 5 years.

That just means you're a novice. You've never experienced a bear market, as an example.

The author of that article was not just making predictions. He was stating facts.
FACT: Amazon's growth is slowing.
FACT: Amazon uses accounting methods that almost nobody else uses. Were they to use standard methods, their losses would be much higher.
FACT: Amazon spends a lot of money on brick-and-mortar.

Fact after fact after fact in that article all point towards Amargeddon for this company.