Amazon.com, Inc. (AMZN) Message Board

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

AMZN 232.37

-0.9%

3:59 PM EST

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To: Jay8088 who wrote (18939)	9/29/1998 2:13:00 AM
From: OtherChap	Read Replies (3) of 164684

Since I was 100 percent correct on my prediction that Amazon would at least touch 120 yesterday, let me add my new prediction that it will open at 114 and finish the day at 97. Also, you can bet your farm that greenspan is going to lower rates .25 percent.. He has no balls, and is going to do whatever the market says he should. If he doesn't cut, the market will collapse. If he does cut, the market will collapse, but a few months later. Right now I think we are in the same position we were a few weeks ago- anyone with the foresight to buy deep out of the money puts was handsomely rewarded.. The Sep 60s if I recall went from 12 cents per contract to 8 dollars a contract in the span of a week and a half. Too risky for my blood, but if you want to gamble some cash go for it..

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