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


To: Sarmad Y. Hermiz who wrote (59251)5/30/1999 4:39:00 PM
From: JC Reddy  Read Replies (2) | Respond to of 164684
 
Amazon is finally going to be trading at price/sales ratio of less than 4. I have no doubt in my mind about that. With current sales, the stock price should be less than $20.

Insiders are selling like crazy. 100's of millions of dollars worth of stock.

It is not about Bezos. It's about the business model that just cannot have profitable margins.

There is no strategy that will make AMZN unique. Nothing. Zilch. Keep attributing the stock price to some unknown, non-existent e-commerce strategy and you will keep losing money.

With so many Internet companies to play with, day traders will not push AMZN as much as they did in the earlier days. The bubble is leaking now and will burst some time soon.



To: Sarmad Y. Hermiz who wrote (59251)5/30/1999 6:48:00 PM
From: Lizzie Tudor  Respond to of 164684
 
Well I know that if I were an executive at Amazon I probably wouldn't talk to the press either. Just call it the KIS factor. There is no reason for every business publication to single out amazon as the most shortable internet stock at this point. This is getting ridiculous. Bezos is probably just tired of dodging the same old sludge from unimaginative reporters.



To: Sarmad Y. Hermiz who wrote (59251)5/31/1999 10:41:00 AM
From: H James Morris  Respond to of 164684
 
>>Maybe you should cover. <<
Sarmad, I can't BTC until I hit Max pain. I try to be disciplined.
I must admit that's easier when I'm playing with the houses $money.
This time max pain for me is 150. If that happens it will have only cost me 10k of my own $money.
I think that I have a better chance of seeing the "Thing" @ 99 than 150.
Imhop, it's worth the risk, we'll find out soon.
Ps
Barrons?? Yes your right, If the last years history stays intact the "Thing" should take off on tuesday. Every negative article that Barrons has written, has always jolted Amzn upwards.
It might be different this time, you see up until Bezos's last results no one cared about his continued losses, just his revenue gains.
To quote Bob Dylan "Times, they are a changing".