Amazon.com, Inc. (AMZN) Message Board

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

AMZN 227.35

+0.3%

Dec 19 9:30 AM EST

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To: majormember who wrote (16633)	9/10/1998 11:23:00 AM
From: James Strauss	Read Replies (2) of 164684

Skane: We've crossed that 79.00 threshold to the downside without the bounceback we had last week... We now have both the Technicals and Fundamentals in sync to the downside... The Dam is ready to burst into a series of downward cascading price movements... Those looking for a bounce will panic out of the stock as it keeps falling... The trading game is over with this musical chairs stock... People would rather buy companies like Lucent, Dell, Chase Manhattan, etc., on dips because they have real earnings... We are now seeing money flowing out of AMZN not to return... Jim

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