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: Captain Leap who wrote (54437)	4/30/1999 11:45:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) of 164684

Captain Leap (is that a leap of faith ?) >> Look for buying on Monday as the new money comes pouring into the market. Yes that could be. Actually I thought today they did some buying. Took it to 180. But it didn't stick. But as you point out, several internets faltered today also. So we can't say amzn was singled out. I agree with all that. I disagree about the factors that will keep amzn price up at the current level. I have noticed that amzn either goes up, or down. It does not stay level. My belief is the upward drivers are exhausted for now, and therefor it is vulnerable to any general market downdraft until some catalyst comes along. Maybe a split, a new business or partnership. But since I am not aware of any such thing, I can only say it has run out of rocket fuel for now and therefor going down to a more crowded area of the price chart. Which to me seems the 130 plus or minus 10.

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