Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: getgo234 who wrote (56376)	5/12/1999 9:20:00 AM
From: Jan Crawley	Read Replies (3) of 164684

Is AMZN likely to play catch up tomorrow assuming that the internets remain strong I think at this point, Mo players dominate the daily trading. Jammie-DLJ set Amzn's price target @280 only a few weeks ago but received little support from the institutions. The rest of the elephants have been adjusting their Amzn holdings and did not want to help DLJ and the bond holders to cash out. So I think that for today and the immediate future, Amzn is more range-bounded and have more down side than up. For today and for me, I am thinking $153 to $141. But for the next 2 to 3 months, I think Amzn $80(whenever a few big sellers decide to unload).

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