Amazon.com, Inc. (AMZN) Message Board

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

AMZN 222.55

-1.6%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (53184)	4/28/1999 1:40:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Glenn, >> Please do not pick on AOL. It is my largest holding at present. I'll not pick on AOL. I have no position in it. But as I said earlier, the stock is up 3x since Jan and 10x since a year ago. Earnings are barely higher sequentially, and who knows what games they play to get this result. It is Fidelity's 3rd largest holding. What happens if they sell ? With all that I think it has a good chance of hitting 170 or higher, but not to stay there. I think 120 or lower is very likely. I also expect the lows of a week ago in the internets to be tested and exceeded on the down side.

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