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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.10-1.4%Dec 4 3:59 PM EST

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To: Alomex who wrote (151999)1/25/2003 5:44:27 PM
From: Lizzie Tudor  Read Replies (1) of 164684
 
Ciena went up 3-4% on friday too. I think the NT,LU and Cien's of the world are heavily shorted and the mere indication of any sort of uptick leads to a massive short squeeze.

But you have a point, if amzn was an incredible blowout they probably would have rallied 2 pts, even on friday. Still I am satisfied the mkt was happy with the results given the state of the mkt.

I don't know... personally I think 2003 might be a disappointment for amzn investors on both the long and short side. There are other sectors in the mkt that are more extreme plays, where you will get more bounce either way. Networking one of those, lots of swings there.
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