Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: H James Morris who wrote (34564)	1/12/1999 9:19:00 PM
From: Global Investor	Read Replies (3) of 164684

AMZN will be up >+10 tomorrow with 95% confidence interval. Even though YHOO traded down in after-hours, my daily Internet TA model (has worked 65% time for 20 mos)indicates AMZN will trade up tomorrow. INTC and "flight to safety" theory will cause AMZN to leap at least +10 tomorrow. The stock is way over-shorted and with the small float, there will be a massive short squeeze (have been 90% reliable since last October 8). Also, looking at today's money flows coming into AMZN, as strange as this sounds, there were many people buying on the dips. AMZN and the group will propel the Dow past 10,000 before end of Jan. After that, a bit more uncertain. Also, look for news that AMZN will be branching out into software and office supplies before end of March. AMZN's value (despite its losses) lies in eventually making one of the desired portals and etailers of choice. Good luck!

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