Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.60

+1.6%

12:11 PM EST

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To: michael m who wrote (35772)	1/21/1999 6:11:00 PM
From: Rob S.	Read Replies (1) of 164684

I don't disagree with the direction - as you would know if you had read my other recent posts. My post said that AMNZN was likely to find some support at the 105 level and then could o either way. Then I said that the trend was down. My previous posts said that I still expect another 50% or so drop from here by this summer. But I don't agree with you that the only direction for AMZN for the next year will be down. I think we will see a reversal in direction by the end of the year, again stimulated by the fall/Christmas sales season and renewed Internet enthusiasm. But that is far off in the future for now.

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