Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.23

+1.8%

Nov 28 12:59 PM EST

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To: IceShark who wrote (36558)	1/25/1999 5:12:00 PM
From: GST	Read Replies (1) of 164684

Ice -- Lots of mixed signals and cross-currents today in the market. There seems to be lots of hesitation to commit one way or the other. AMZN continues to play out its 'bailing out before the release' scenario. Some people on the thread have suggested taking the bigger idiot approach to playing a pre-earnings bounce. Would anybody actually buy this stock thinking that the 'report of losses mixed with hype' is going to matter? The action today suggests that people are running for cover ahead of 'earnings', and not buying into hopes for a rally. Having said all that, if AMZN really tanks tomorrow (say, down $30 or more), I will be tempted to go against the grain in the late afternoon (long for a two day bounce back up to 110 or so). Whatever happens, the trend is down and the general environment is shaky.

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