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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.67+2.6%3:41 PM EST

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To: Bill Harmond who wrote (71019)7/31/1999 1:09:00 AM
From: Bilow  Read Replies (1) of 164685
 
Hi William Harmond; Regarding AMZN Technical Analysis, most of the following indicators are very much down today:

equities.barchart.com
The Short Term indicator is sell 40%,
The Medium Term is sell 100%
The Long Term is sell 100%
Overall sell 77%

As a comparison, the word on INTC is 80, 100, 33, and 77% buy.

My own gut feeling on the thing is that AMZN is showing remarkable strength. I expected it to dive to 90 pretty soon after breaking into double digits. I guess my prediction would be a return to $115 over the next week or so.

On the other hand, I am short, and I am pretty well known for feeling gloomy about my holdings, so maybe it's just my position "talking."

I'm trying to get together estimates for future AMZN revenues, anybody please post a link or what have you to the thread with their or other's estimates. TIA.

By the way, that was a pretty mysterious post you just did...

-- Carl

P.S. SirFrancisDrake used the above link in a post on the NITE thread, thanks.
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