Amazon.com, Inc. (AMZN) Message Board

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

AMZN 221.24

-0.6%

Dec 17 3:59 PM EST

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To: Victor Lazlo who wrote (129840)	8/9/2001 10:37:33 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

>> Are you doing rumor TA? No, I haven't mastered that, yet. My TA guess is because exds was parked at 8 for a while. During that time their debt was known. It dropped to 1 when fears about its immediate demise started circulating. So if the prospect of bankruptcy is removed, my guess is it will get back to 8. And for a few hours it really looked like it might do that. Over 200 million shared traded in three days. Of course in this market, everything seems poisoned. Both today and yesterday it started the day with a very nice 25% gain, only to lose it all and more by the close.

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