Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: Mark Fowler who wrote (69389)	7/24/1999 8:26:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Glenn near term i do not expect to much enthusiasium with Amzn's stock it'll be interesting to see if it can get over 119 on Monday and hold. I think most of the buying was short covering on Friday. But it performed well on Friday considering the amount of selling the day before... a breakout from the neckline at approximately 126 on good volume is what i'll be looking for...I still hold this stock in my IRA and plan on it for along time... Mark, I lowered my covered call strike price to compensate for my sell and buy back so I have limited upside for about three more weeks to 125. I believe I will buy additional shares then if that becomes the case in that we likely would move higher. I changed my mind from the AM as you can tell. I do not have any in my IRA. My next "concern" is EBAY.

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