Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 246.26

+1.9%

3:59 PM EST

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To: Jenne who wrote (33824)	1/9/1999 6:49:00 PM
From: GST	of 164684

Jenne -- I hate giving one-to-one advice on exactly what you should do, especially with a live wire like AMZN. But since you asked -- first, don't put another cent into this stock. Second, if you bought any stock on margin, sell it as soon as you can. The opening bell is risky, not knowing how this will play on Monday in the first hour. But sometime during the day you should head for the exit with whatever you bought on borrowed money. Third, if you are playing with money that you cannot afford to lose, look for a chance to get out on Monday anywhere near what you paid. I would take anything above 175, but you might see 185 sometime during the day. Higher than that -- who knows? The evidence is strong that the trend is shifting and the risks are very, very high. Just as the was 'no end to high it can go' now there is 'no end to how low it can go'. AMZN going to 100 or less? Very possible. Less than 50? Also very possible. Good luck

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