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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST

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To: Mark Fowler who wrote (8641)7/3/1998 1:51:00 AM
From: slipnsip  Read Replies (2) of 164684
 
i think you left one important fact out--or Amzn could use it stock to make an important strategic acquisition. Just speculating here too.

This is making the assumption that someone would be willing to be acquired by accepting hyper inflated AMZN stock.. That being said, I doubt that they would if they could not liquidate it instantly.. Either way, it would tank the stock... AMZN is stuck in a box as well. They have no way of taking advantage of their current market cap without diluting the current stock. As soon as this float increases, this baby dives. Catch 22...

With the recent hyper coverage given to the internet stocks, I am even more sure that this is nearing an end. Any time CNBC designates 2 cumulative hours of their day to talk about internet stocks or any other hyper sector it is a top.. How many days in a row did they focus on KTEL before it crashed?? Several weeks.. This is the end my folks.. No more than two weeks before all of these stocks correct big time.. How much more momentum can you get?? How many more people can be sucked in to buying something that can only go up? The major media is all over this thus helping fuel the last blast up.... There are no more tricks up the sleeve.. The last fool is being drawn in...

How much higher do we go?? Hell maybe 150... Couple more 10 point days and then it is done.. I have the strong feeling that I will have the opportunity to recoup my losses very soon if I can get up the nerve to drop the box..
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