AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) Message Board

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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)

AMZN 244.22

+9.6%

Oct 31 9:30 AM EST

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To: Chuck Borgioli who wrote (128)	7/15/1998 5:08:00 PM
From: T. Pascal	of 182

>>Looks like your time has come. Since the downgrade by Montgomerie Securites the stock is down 35 points and a lot of the momentum trading is moving to the sidelines. Good Luck hope you cash in !<< Not really. I have to see the whole pattern develop. If you look at the chart, it could go either way. I need to see a good, healthy top, with some nice deep sides for the valley. I'm saying to short about 30% below the top, or about (at current terms), $90 or less. The time is sooner than I would have thought, too. That's why I'm a little reluctant. Let all those people who bought on the way up start to realize "it ain't going nowhere" and sell like lemmings.

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