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eBay Experience Bodes Ill for Amazon.com

Stock quotes in this article: EBAY , AMZN , NFLX , YHOO  

Updated from July 21

Long-term Amazon (AMZN Quote) shareholders may well be holding their breath awaiting the company's earnings report after the close Thursday, especially after seeing the market's reaction to eBay's (EBAY Quote) report.

No matter how good a report Amazon issues, the company's stock is likely to take a beating, if recent trends are any indication. And if the company has bad news for the market, it could get ugly. Perhaps in anticipation, Amazon shares were recently down 69 cents, or 1.5%, to $44.07. ...

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