Amazon.com, Inc. (AMZN) Message Board

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

AMZN 230.84

-0.7%

3:59 PM EST

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To: Rob S. who wrote (45615)	3/14/1999 12:44:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Rob, Your 142 resistance proved a strong barrier. I sold 400 shares, but I was stupid enough to keep most of my long position, then sell at 130. I don't know what to think now. AMZN did not benefit from friendly upgrade. There are no hostile brokers to switch. I wonder if this means that the rumored revenue shortfall is influencing the price now. And we will have wild price fluctuations as more rumors of steep discounts, or heavy spending on advertising, etc... materialize then evaporate? The only influential broker not heard from is MS. I think they will help the price go up. But when? Perhaps at the end of March, when the revenue amount will be known for sure. Do you pay attention to this sort of thing, or only TA?

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