Amazon.com, Inc. (AMZN) Message Board

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

AMZN 240.23

-1.2%

1:17 PM EST

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To: McNabb Brothers who wrote (70372)	7/28/1999 4:48:00 PM
From: Marshall001	of 164684

In regards to DSCM IPO. Once again the Underwriters and MM's have screwed a new issue out of any support at all. By opening it up at 65 They have cursed it to become another MPPP. Because it found very little support today, buyers will be hesitant about catching a falling knife. I think DSCM will see 30 before any support is found. Amazon will rebound a little after the recent selloff but the overall trendline is now down. The MACD just crossed over and went red. Next stop will be 89 - 92. If support there is broken then we go further. Yes I am short but only 100 shares. M

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