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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: Glenn D. Rudolph who wrote (16719)9/10/1998 5:03:00 PM
From: Sonny  Read Replies (3) of 164684
 
Everyone here knows my long term view on AMZN ... but, I must say
a total 180 degrees now for the very short term, after looking at the intra-day action today. Tomorrow, Friday and Monday, shorts need to be a bit cautious on this puppy. It looks like its setting up another stage now to wipe out the new shorters in its immediate rally ... may be back to 100+ area again ... and once it reaches there, you are home free :-) to do whatever you want! :-) Because of the big +ve from 4 cents estimate beating by ORCL and INTC higher revenue news, I expect NAZ to rally tomorrow morning, to 30+, may be even to 50+ ... and all software issues will rally with it ... and the boat may carry a few commodity-businesses also along with it, which have four letters in their symbols, and a slight connection to internet or software! :-)

regards to all,
-/Sonny.
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