Amazon.com, Inc. (AMZN) Message Board

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

AMZN 226.19

-1.8%

Dec 12 9:30 AM EST

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To: H James Morris who wrote (44238)	3/5/1999 8:22:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 164684

James, I think funds bought amzn only two times this year. First time when they lifted it from 95, and a month later from 85 on puny volume. Each buying spree lasted 2 days. If this is a pattern, next low will be 75, and we might reach it in two weeks. It took 30 sessions to go from 200 to 84. How long will it take to go from 120 to 70 ? Amazon looks very vulnerable. Don't trust me, read the 10-K.

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