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


To: McNabb Brothers who wrote (70172)7/27/1999 10:32:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
Well, if amazon doesn't fall to 60 I think the bear case on this stock will be foiled again. Amazon was in the 90s during the last correction and popped (I think) because of the new electronics and toy stores. If amzn holds at 90 during the aug/sep or whenever lows then I believe it will take out its old highs of close to 200 by Dec.

I'm just contesting the "amzn in a down trend" position. Some net companies are in a down trend but unless amzn breaks 90 to the downside its still pretty healthy I think.

Flame away Kis!



To: McNabb Brothers who wrote (70172)7/27/1999 10:36:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
>>let us hear the bullish side of todays action in the internets.

I you may not want to pay admission for the following masterpiece, because I was partying with 200 of my closest friends all day:

The DOT was up. The leadership (and virtually only the leadership) got shot. Usually they're the last, so I didn't sell. My VerticalNet was up 6 1/2...almost twice the percentage of Copper Mountain (my new benchmark).

Yields were down a smidge. Isn't Greenspan on tomorrow? The dollar is still sound, but Clinton has to veto that stupid tax-cut bill.