Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.60

+1.5%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (5790)	6/12/1998 1:42:00 PM
From: gbh	Read Replies (1) of 164684

Glenn, are you considering boxing yourself in for awhile to let this run up, run its course? Might not be a bad idea. I'm currently down almost 5 points on my short, but have been boxed since 49 1/2. Am tempted to come out today for a trade (maybe get a point back), but I think for today, that opportunity is gone. I feel this stock is headed higher. No reason, just gut feel. I truly believe brokers are having an easier time convincing people the stock is a value just because its per share price is lower. For that reason alone I think 70 is not out of the question, near term. I want to see 4 or 5 points down in a day, before I open up. Gary

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