Amazon.com, Inc. (AMZN) Message Board

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

AMZN 248.74

+0.1%

1:12 PM EST

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To: F The who wrote (11683)	7/24/1998 4:20:00 PM
From: put2rich	of 164684

Felicia, Yes this is a beast due to small float, this beast closed relatively strong at 124 1/4. Those who short at the ave. price of 100+ will see a b/e or gain soon. I guess many daytraders recovered near close and it was up little (some manipulations from funds ?). However, the long/medium term downtrend is rather clear. We hope for the float increase the week after, or journalists/media have time to see and write about the hurdle of amzn as the "top bookseller" on internet. Longs will sell more w/ the downtrend. (IMHO) Good luck to all. (my goal was to short small, then another at 30% much more ridiculous, but I forgot my discipline - it will be alright soon)

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