Amazon.com, Inc. (AMZN) Message Board

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

AMZN 237.36

+0.3%

10:22 AM EST

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To: Mark Fowler who wrote (6480)	6/17/1998 8:49:00 PM
From: Andrew	Read Replies (1) of 164684

Heading to 90 now? gee. Please give a break and let me make some money too. After looking at today's drop, (it did bounced back though) I think this stock could do some serious fallings. It was darn quick from 79 1/2 to 75 1/2, less than 30 mins or so. I believe once this stock falls or lose it momentum, there will be no bottoms to support. IOM's cousin? Easy up and easy down. July 60 put options time premium got higher today. It was $3 when AMZN closed at 73 1/2 yesterday, but it still closed around 2 3/4-3 even AMZN closed at 79.

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