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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.16-0.9%11:35 AM EST

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To: Jay Rommel who wrote (17717)9/21/1998 4:54:00 PM
From: craig crawford  Read Replies (2) of 164684
 
>> Anyone make any money on this thing today xcept for Bill Harmond??? <<

I think Bill might have sold his AMZN, he has been awfully quiet about it. He has been hanging out on the YHOO thread lately where he belongs. That stock is acting much better.

I'm not in AMZN at the moment. Was waiting for a good rally to short. I think this rally will last a little while longer though.

I would prefer to be long a company with improving fundamentals, reasonable valuation, and good relative strength as of late---3Com. Amazon has deteriorating fundamentals, is insanely priced, and has weak relative strength.

Also used today's weakness to cover MU (looks poised to go to 35) and load up on some DELL calls ahead of the analyst meeting on Friday.

PC Data should release Aug PC sales today as well.
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