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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: Jan Crawley who wrote (18825)9/28/1998 4:43:00 PM
From: Mark Fowler  Read Replies (1) of 164684
 
Mark, I just don't "see" $147.

My reasons: In July,

10 million shares(float)against 19 million(10M + 9M short) shares sold.

Today, 13 million shares(float) against 21 million(13M + 7M short) shares.

The ratio has improved and the sellers have been filing to sell their shares. <<

Jan thanks for that info very good. I didn't say 147, i said 140ish meaning 137 to 140.

We could pull back some short term. I spent some today at 114.75 and will spend more tomorrow if it looks good. Right now the charts are looking good , especially on the weekly. So i'll have to stick with it for now. I'll stay flexible in the mean time.
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