Amazon.com, Inc. (AMZN) Message Board

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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: Glenn D. Rudolph who wrote (40632)	2/17/1999 1:10:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

<I sold the additional YHOO I bought yesterday. I sold it at 138 1/2. Now thinking of buying it back.> Good timing, Glenn. But why would you buy back. When a stock gives back its early day gain, does that not mean that there is selling pressure remaining. That sellers waited for dipsters to get drawn in, then took advantage of the situation by unloading the shares they couldn't sell yesterday. Why walk into the eye of the tiger again ? Isn't the same thing happening in amzn ? Did WH benefit from his recent move into MS's recommended play ? -Sarmad

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