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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.12-0.2%Nov 26 3:59 PM EST

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To: Olu Emuleomo who wrote (35799)1/21/1999 1:01:00 PM
From: GST  Read Replies (2) of 164684
 
<Brought my AMZN bid down from 86 to 79.> That could be a good play -- This thing will probably bounce at least for a few hours as people see the thing well below 100 and temporarily go crazy and put money back in. This could fizzle within hours though. The trend is down. At William's support of 46, it is merely another overvalued stock with poor business prospects. Above 50 it is still in the bubble phase...

The trend is down. Don't get caught holding this thing.
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