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

To: Pierre Aydin who wrote (69646)	7/26/1999 11:34:00 AM
From: Paul Viapiano	Respond to of 164685

Drugstore.com IPO bodes well for AMZN this week. While the short-term direction of the stock may hold slightly more downside, the fact is that any positive news or announcements can combine with the split announcement into sending this one up. August will be interesting...lots of folks saying they will buy AMZN after Labor Day and hold til Christmas. The split will also power that rotation at that time. August lows (if they occur) may be the time to load up. At this point, remember that any price appreciation intraday can accelerate, as shorts start to cover very rapidly. Combine that with any news and you will continue to see a very volatile stock with the possibility for ripping the heads off anyone who is betting in the wrong direction.(And by that I mean either direction.) Paul