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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: buckeye3d who wrote (16628)	9/10/1998 11:37:00 AM
From: Glenn D. Rudolph	Read Replies (1) of 164684

Glenn and others, I would be interested in what you think of AMZN now that it has fallen so far from its highs. Do you think it is a good value now? I don't want to hear from the bears who always scream that they are just a bookseller and B&N is going to crush them....blah, blah, blah. I used to follow this thread regularly, but got tired of the same old crap that was posted daily. Alex, I have to say I am really an AMZN bear. I do feel it is oversold now but is still overvalued. I went long today at 77 1/2 anticipating getting back into the mid 80s as a technical bounce. I cannot predict the future on this atock and readily admit that. I rode it short way too long. It has become clear to me that the market likes this stock and it has strength as much as I do not like it. I join them if I can guess an upmove. Glenn

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