Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

3:59 PM EST

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To: Jan Crawley who wrote (13337)	8/12/1998 12:37:00 PM
From: Rob S.	Read Replies (2) of 164684

This is turning into a beautiful rally to sell into. The momentum, although on much lower volume than past rallies, may carry it a bit further. It's still a stock driven by wild speculation. Amazon is very unlikely to split the stock now because they would be faced with a shareholders' lawsuit after the crash, IMO. During September and October, I predict that at least 3 million new shares will go into float; enough to drive down the price to bellow 100. Stock holders and short sellers should just now be starting to get positioned for the next leg down and continue as upside momentum breaks.

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