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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.08-0.2%Dec 29 3:59 PM EST

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To: doug doan who wrote (4717)5/26/1998 7:33:00 PM
From: Candle stick  Read Replies (2) of 164684
 
Would have thought that we would see a blow down of 15-20 points after the slow erosion last week and market weakness today.

I'll take it...remember this is the darling stock of Wall street and the internet. You are not going to get a 15-20 point drop in one day. At least not without significant news or serious press commentary noting the bleak future or something like that. There is a very small float and I think that after the split on June 1 there will be a larger decline since the stock will be a little easier to trade. In the meantime I will take 3-4 points anyday, everyday. Expect to see down days all week, could be 70 by Friday............;^)
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