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


To: Sarmad Y. Hermiz who wrote (61447)6/9/1999 2:47:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
We are starting into the bad earnings pre-announcement period - that usually sends a chill through the market. In a couple of weeks that should be over and the July 4th holiday will be around the corner (a seasonally favorable trading period). I think the tech stocks in general will see more downside this summer but not a big sell off from here. AMZN could easily drop down to 85 or so or could hold above 95. 100 is a psychological level that has good vibes for Amazonianutty investors. I think pretty much "dead money" for a while.