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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.37+0.2%3:59 PM EST

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To: KeepItSimple who wrote (58025)5/23/1999 4:38:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) of 164684
 
>> Margins calls on Monday?

One thing about the drop in inuts this quarter, it is not punctuated by many up days. It is basically coasting down, every day. The turn-around will come when funds start buying. I think they'll wait for a lower price. And if your broker friend is right, then lower prices are coming. But if they go up on Monday, then we won't rely on that indicator any more. I do think many who bought the 20% dip are hurting now, and some cannot hold their position anymore.
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