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


To: Jan Crawley who wrote (69653)7/26/1999 11:56:00 AM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
Jan - Good trade - wish I had done the same. -Eric



To: Jan Crawley who wrote (69653)7/26/1999 4:43:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
It certainly looks like at best AMZN will trade in a range for a while. The 95-100 support level should hold up unless bad news hits or it trades at that level for some time to absorb buyers. A drop to 70-80 is still a real possibility by late Oct although the stock split tends to argue against that. The growing number of .com IPOs, insider selling and stock splits are making it more difficult to rally investors behind the old Internet companies - by Internet standards, Amazon is an antique! ; ^)