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

To: JC Reddy who wrote (59395)	5/31/1999 5:23:00 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

200 by July 5-10???? Why???? JC,i thought i was clear as to why, New initiatives, and 200 price is speculative for the near term....listen one has to focus on the long term picture of this company too. If one is too timid or for other reasons to hold a stock like Amzn then i would stay out. Amzn will continue to make bold investment decisions in light of there long term market leadership considerations, rather than short term profitability considerations or short term wall street reactions. Amzn chooses growth at this stage because they believe that scale is central to achieving there "potential" business model. I think if one wanted to start a position in Amzn it would be a good time since it has corrected about 50% from high.