Amazon.com, Inc. (AMZN) Message Board

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

AMZN 236.29

+1.0%

12:20 PM EST

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To: Frost Byte who wrote (43134)	3/1/1999 12:02:00 PM
From: Rob S.	Read Replies (1) of 164684

Good point. This may not have that much effect in this market climate. Amazon has failed, once again, to rally momentum. Despite all the promotion and news that surrounded the announcement of the 46% acquisition of DrugStore.com and the store opening, the stock has not been able to sustain even a modest rally (by historical measures). No doubt having a portion of Merrill's brokers recommending AMZN to their clients will likely have some effect. But I think the response to the expected "strong buy" recommendation, or just a buy, will be muted by the current market conditions. The trend in Amazon remains down. It will be 60-70, if not lower, by this summer, IMO. Go Amazongonenutty.com!!! Upward to 145!!!

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