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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.41+2.6%10:15 AM EST
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To: 16yearcycle who wrote (57631)5/20/1999 10:14:00 PM
From: dennis michael patterson  Read Replies (1) of 164684
 
You are right. It was like this at the last bottom. Was that about 90? I am long The Thing, but I do think the problem is that Bezos has sent the message-- intended or not-- that he is not worried about when they will make money. The conference call did not go at all well, and I think the stock's recent suffering is directly attributable to the call. Until institutions can be appeased, I think the upside is limited to countertrend rallies. And remember- I am long (and not hedged)
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