Amazon.com, Inc. (AMZN) Message Board

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

AMZN 236.68

-2.4%

3:59 PM EST

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To: Sonny Blue who wrote (63066)	6/17/1999 11:15:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Hi Sonny, >> They have already bottomed for this downdraft. They have tested their respective lows in February and bounced off them. I'm betting we're going much higher from here. << I agree with higher. Just how high and how soon? I am also expecting much higher by year end, just not for July. Of course if momentum buyers come back then anything can happen. But I wonder after the steep losses (or profit reduction) suffered by amzn holders, whether they will resist the temptation to sell at 130 or 140.

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