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Strategies & Market Trends : The New Economy and its Winners

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To: Libbyt who wrote (3697)12/5/2000 7:52:02 PM
From: Glenn D. Rudolph  Read Replies (1) of 57684
 
Just got Amzn at 25 3/8, I think that $35 is possible by Friday.

Jan...I would never bet against you and your short term trading picks! I think there was a rumor about AMZN today and a possible warehouse strike, which might have been the reason it was trading down in price today.



Libbyt,

I believe the problem today was the New York Times article that stated that 33% of Amazon traffic is going to Toy R US. Amazon does not receive "direct" revenue there so a revenue shortfall is possible.
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