Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 234.80

+0.7%

10:01 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom D who wrote (10001)	7/10/1998 10:41:00 PM
From: Les Paul	Read Replies (1) of 164684

Watching the nonsense... I have been sitting back for the last couple of weeks enjoying the chaos. We had shorts that were frantically covering, causing the price of this stock to go from 100 - the 140's in days. Then the big players came in and shorted the stock causing the longs to panic and drop shares. My personal opinion, for what it's worth, is that there is a hole in this boat, and she's going down. I wouldn't be at all surprised to see the 60's by the end of the month. As an analyst on CNBC said today, the internet stocks WILL all be selling for about one fifth of their current values when this frenzy ends. I think that Amazon's frenzy is over. Short at 107 3/4 at DATEK and enjoying the ride to the bottom.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next