Amazon.com, Inc. (AMZN) Message Board

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

AMZN 244.87

-1.7%

3:48 PM EST

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To: Glenn D. Rudolph who wrote (119449)	3/6/2001 11:41:08 AM
From: manalagi	Read Replies (1) of 164684

Glenn: I tried to cover Amazon shorts at 13 3/4, but canceled the order after watching resistance at 14. The rumor has not panned out and investors are beginning to question the chances that it will ever happen. I think the stock will come back to 11 if there is no more news. In the mean time, watch for TI as I suggested yesterday. Note that TI is not planning to reduce its $ 1.7 billion R&D. Right now I am looking at derivatives for Oracle. Just beautiful! Might trigger action this afternoon or tomorrow on a market pullback arising from profit taking. NOTE TO ALL: this is not a recommendation to buy or sell any particular security.

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