Amazon.com, Inc. (AMZN) Message Board

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

AMZN 237.63

-2.7%

3:59 PM EST

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To: Danny who wrote (93045)	2/4/2000 6:56:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Well, it is not just today, but almost 4 days in a row now. Most likely, this is related to the look-up period expiration effect. And the IBM/ARBA rumor did not help it either. But, I am shooting more towards the long term, and will build my position aggressively in the 100-160 area. A double from 130 in 12 months is almost guaranteed. Danny, I am not stating you are incorrect. I hope you are correct. I read the GM agreement twice and it appears from the information I have and possibly my limited understanding, that CMRC receives the least benefit. It is possible that the street understands that and may account for some of the weakness. I have a long position but am not as bullish at the moment as I would like. Glenn

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