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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.10-1.4%3:59 PM EST

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To: Jan Crawley who wrote (56182)5/10/1999 8:22:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
Jann,

>>am I or are we focuing too much on the trees, ignoring the forrest. But for the life of me, I can't see the Amzn forrest, so I can only do trees(or trades).
<<

I am still wondering what made amzn race up 6 points in 5 minutes on heavy volume at the close on Friday. And whether it will extend to this morning. I also don't think amzn will see 200 again for a long time. That price was based on turning profitable next year. Now M.M. has an "outperform" rating on amzn in the May 6 issue of Morgan Stanley research. And very modest revenue increase projections.
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