Amazon.com, Inc. (AMZN) Message Board

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

AMZN 206.17

-7.3%

2:09 PM EST

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To: Gil Gilbertson who wrote (26735)	11/18/1998 2:11:00 PM
From: Jay8088	Read Replies (1) of 164685

I think it would be very hard to guess where net stocks would actually top out. This is a blow out phase here and the mania could end shortly. However AMZN can even top $400 before it reverses. My guess is that there are still a lot of short shares being squeezed. $400 isn't meant to be outrageous. Something similar happened when short shares of Presstek were being squeezed.

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