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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 221.24-0.6%3:59 PM EST

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To: Bill Harmond who wrote (42041)2/23/1999 6:00:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
William,

>> Do you think a Blodget/Meeker reiteration is a one-day wonder?

I don't know. Last time it took amzn from 240 to 600 over a period of twenty days. But then everyone who did not sell in the run-up ended with no gain. and everyone who bought during the run-up, ended with loss. So perhaps people will be wiser this go-around.

It took 20 days to go from 240 to 600, then it took 40 days to go from 600 to 250.
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