Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Mark Fowler who wrote (54309)	4/30/1999 1:09:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) of 164684

Mark, >> this has always been a know factor that Amzn plans on spending more on marketing and investing in new businesses and infrastructure this yr. << Exactly. The stock sold-off on news that was already known. What remains is that the price level was maintained by day traders and momentum speculators. I guess the fate of these stocks is in their hands now, till the next "run to e" (as Eugene likes to say). I really have no complaint. As long as they stay in their range, the contrarian method of "selling into rallies, cover at the drops" will work just fine. Hating amzn is not a religion with me.

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