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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: Bill Harmond who wrote (58036)5/23/1999 7:54:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> So far this correction is no deeper than the January-February correction.

Right. Which is why I said coasting down. Obviously the up days do not balance the down days. But in amzn we have an important test tomorrow, which is the reaction to the new Atlanta warehouse.

If this advance or progression in the implementation of Amazon's plan is well received, then I will jump on Eugene's "run to e", and admit that analysts are still positive on Amazon. If however it is received poorly (because it will increase losses) then the jig is up, and the longs have to wait and suffer for a long time.
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