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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST
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To: Eric Wells who wrote (83723)11/9/1999 7:52:00 PM
From: Robert Rose  Read Replies (2) of 164684
 
Eric, no I do not have a crystal ball. Here is my rationale:

1) The sector is RED HOT.
3) The market is EXPLODING.
2) cmrc is emerging as a PREMIER b2b company.
3) Relative to other hot stocks, a market cap of 7.7B is looking downright cheap.
4) It's growth rate is blistering, and looks only to head higher from here.
5) From a TA standpoint, it just doesn't get better than this.

No, I will not be buying in the AM. I thank my lucky stars I bot at 171 last week. Had I not done that, yes, I would probably buy on this dip. If for no other reason, a split has to be around the corner. In this environment, that's probably good for 100 points alone.
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