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

To: Jan Crawley who wrote (70012)7/27/1999 12:43:00 PM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
Thanks Jan. People on this thread may think I'm crazy (or lacking conviction), but I just went long AMZN at 107.25. I still believe all the negative things I've written about the company. I just believe we could get a bounce with the DSCM IPO. I could be wrong - but with all the talk about DSCM, I think their stock could go to 100 tomorrow - and I think this will have some impact on AMZN stock.

I hate jumping back and forth from short to long like this. But everything tells me that AMZN is going to go up, at least through tomorrow afternoon. I guess I am truly a day trader.

-Eric



To: Jan Crawley who wrote (70012)7/27/1999 12:43:00 PM
From: Iris Shih  Read Replies (1) | Respond to of 164684
 
Jan,

I covered my intc calls last Friday. I think it will retest the 68~69 soon to form double tops. Computer hardware stocks look good, ie dell. Intc should hold up well before dell reports. I am ready to sell intc calls again around 68~69.

Nets look stable here for a rebound if AG says little to upset the market again.

Nibbled a little bit amzn around 106+, stops-103

Iris


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