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

AMZN 249.17

+0.3%

3:56 PM EST

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To: Skeeter Bug who wrote (28871)	12/4/1998 8:54:00 AM
From: Mike M	Read Replies (1) of 164684

Skeeter- An update for you....Since the $2 shortfall....I have opened the box 4 times....219 (reclosed at 185) being the best of the 4....Yesterday opened at 202 3/4 and closed at 189 1/4...from down 2 am currently plus 47....am still boxed but anticipate further openings....I have found that the secret to the "beast" is to stay alive, admit when you are wrong and go with the flow....I am currently boxed but will probably open if the stock opens strong...around 194-6 area....for a short play....I had expected AMZN to reach 170's possibly 165 (could even make a case for 140) but won't fall on my sword about it...I am too impressed by the stock's "technicals" to take a hard stand... Having been humbled by the "beast" a time or two, this is no declaration of victory, merely an update! signed, Only comfortable when I am boxed!

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