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


To: Tom D who wrote (64785)6/27/1999 10:34:00 AM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
re: athm

My ta shows that the stock has been in a lt downtrend since peaking at 95 in early april. After a recent rebound from 40, athm has bounced down from its 50 ema of 60, through its 20 ema of 54, and currently rests on major support at 51. Its upper resistance is now the high 50s, with good lower support at 40.

Depending on how much time you have to watch the stock, I would gauge the mood of the market Monday AM. If athm is rising, hold until the trend reverses; if athm is declining, sell immediately.

good luck.



To: Tom D who wrote (64785)6/27/1999 11:09:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
I am more comfortable with the risk/reward ratios with AMZN and HLTH on a
long-term basis (i.e. 3 to 5 years). ATHM is up 500% for me, but I really cannot see its
future very well, so I want to sell it.


Tom,

What gives you more confidence for the risk/reward ratio of AMZN compared to ATHM? I know too little about HLTH to discuss it. It would seem the long term futures for AMZN and ATHM are equally murky.

Glenn



To: Tom D who wrote (64785)6/27/1999 3:40:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
It seems to me that selling @Home now is bad timing, and therefore frustrates your objective. I think you're better off diversifying your management when the market is extended on the upside.