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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (61159)6/8/1999 11:14:00 AM
From: Tradegod  Respond to of 164684
 
Amzn looks like a screaming buy right now- 11:12EDT at 118!



To: Sarmad Y. Hermiz who wrote (61159)6/9/1999 9:54:00 AM
From: John Donahoe  Respond to of 164684
 
RE: Are we at a buy point for amzn, or not yet ? or did we pass it ? In your estimate is the down risk mostly gone ?

Amazon's support is 100 +/- 10 % IMO.

I had thought early July to be a good time to buy.

We are headed into earnings dissapointment season. If that doesn't materalize to any significant degree we should see a new runup.

It will be driven buy earnings/revenue perceptions and maybe a decrease in rates. FED will make no change. IMO.


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