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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%3:59 PM EST

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To: H James Morris who wrote (48583)4/1/1999 11:37:00 AM
From: MoonBrother  Read Replies (1) of 164684
 
I am getting more and more convinced that AMZN DOES have some strength at $170. So far we've got 3.4mil shares traded, presumably lots of them from the profit takers like most of you and me here on this board. yet it's holding really tough at $170, actually drifting higher from $170, although pretty slow. Barring the dramatic general market drop - which is unlikely given the total of 300pts drop in the past couple days - we might see AMZN finish on the positive side. In fact, I think AMZN is perhaps the strongest I-net stock at this point, better than AOL, YHOO, and other I-net stocks.

Still cauthous about the possible late afternoon drop though.

MB
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