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Technology Stocks : Egghead Computer (EGGS)
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To: put2rich who wrote (2045)7/23/1998 4:57:00 PM
From: Philipp  Read Replies (1) of 8307
 
AMZN: I agree with Wayne. Pretty bad chart. Should drop
to $ 95 - 100 quickly (call it correction or profit-taking),
but I don't necessarily expect a real crash. There was too
much strength in the earnings report, much more than I expected;
mind you, I would not object to a crash, but I am thinking about
going long when it falls below $ 100, if there is a good buy
signal.

I don't think that a correction in AMZN is necessarily bad for
EGGS, a crash obviously would be.

Cheers,

Phil
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