Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.12

+1.6%

3:59 PM EST

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To: Olu Emuleomo who wrote (18628)	9/28/1998 1:30:00 AM
From: Rob S.	Read Replies (2) of 164684

Seasoned short sellers are among the best investors in the world - they tend to do their homework and don't play emotionally. The short day-trader types may get shaken out, but I think a lot of them have already. Big money shorts will sit patiently for how ever long it takes for the stock to take a big hit. 147? maybe a 15% chance to be generous of that happening, IMO. I'd say a 45% chance the stock will trade in a range down to 70 and a 40% chance it will move below that within the next four months. Good luck on your gambling - Vegas has better odds as betting this stock will make new highs (and is probably more fun).

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