Amazon.com, Inc. (AMZN) Message Board

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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: Olu Emuleomo who wrote (72808)	8/9/1999 4:43:00 PM
From: KeepItSimple	Read Replies (1) of 164684

>What do you say to a buy now and sell if we close under 120? Not a good idea. Yahoo is likely heading for the 100 range. Simply because every other major net stock is trading below 100, and 99% of retail investors have no idea what market cap means. Yahoo will gravitate towards the same absolute price as the rest of the internuts. I loathe holding a short overnight, so I will re-establish my Yahoo puts tomorrow morning.. As for my INTC puts, i'll just let the expire worthless.. But hey, we could always have a market meltdown that brings it back below 65 by next friday.. :)

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