Amazon.com, Inc. (AMZN) Message Board

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

AMZN 238.06

-2.5%

3:18 PM EST

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To: umbro who wrote (10787)	7/18/1998 3:21:00 PM
From: put2rich	Read Replies (1) of 164684

<<. Technically, it would seem, AMZN is likely to re-test its old high of 144 and even trade higher>> I am not a good TA, but I think it needs a much more momentum and strength to go past 130? The drop from 143 to 100 does not scare the momentum players. I know most momentum players jump to buy since they think they take advantage of the short squeeze. The last Q the rev. is 87.4, in order to maintain the momentum what rev. this Q (ending June) they should have, you guess, or fundamental does not matter? The new internut IPOs do not divert the money from nut investors? Thanks

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