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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%Dec 1 3:59 PM EST
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To: Rob S. who wrote (16010)9/3/1998 9:56:00 PM
From: wiley murray  Read Replies (1) of 164684
 
Rob:Good points.A volatility rating for AMZN of 85 seems to make this a stock for short term trading with swings at times of 10-20 points a day. Today it had a swing of about 10 points.I think we are in a bear market and stocks like AMZN will fall hard.It is not only the internet stocks. Look what has happened to the bank stocks recently. These were stocks with PE's of 15-25 not a -114.50 like AMZN.I see AMZN in the 40's soon.
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