Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jan Crawley who wrote (61244)	6/8/1999 3:11:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> With 200 as core and 200 as trades, I think that the odds is with me. The odds are with us. But you saw how brave the eBay buyers were going into the report. I am afraid they may exercise those suicidal tendencies again. So we have to be cautious. But so far so good.

To: Jan Crawley who wrote (61244)	6/8/1999 3:14:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

Amazon and many other Internut stocks continue to show weak performance despite the best hype efforts of many pundits and market watchers. The sector is still trading above the recent lows but has shown a lack of commitment as it has attempted to move higher. The short term indicators are slightly bullish and the mid-term indicators are solidly bearish. I think that this will remain a market through the summer in which is makes sense to sell into rallies. The best hopes of the bulls is that the sector will return to it's recent glory in which it ignited for several days straight and saw monstrous gains. Sorry bulls but that isn't going to happen anytime soon. These stocks will be down another 15%-25% during the summer. Jan, trade carefully on the long side for a while. The sector will likely ignite again by late October but now is not the time to try to anticipate the bottom, IMO. After two to four weeks of trading in a slightly upward biased range, the sector will get taken down. In any case, have fun!