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


To: Olu Emuleomo who wrote (72062)8/5/1999 10:27:00 AM
From: Sam Sara  Read Replies (1) | Respond to of 164684
 
Productivity numbers were poor...

Net leaders breaking down....

QCOM, VISX, JNPR, CMTN and other leaders breaking down...

IPO market drying up...

Margin calls coming fast....

Can't fight momentum- went short RNWK, ITVU, and AMZN this AM. Might as well try to make some money on the trip down.



To: Olu Emuleomo who wrote (72062)8/5/1999 10:29:00 AM
From: James Thai  Respond to of 164684
 
I think this article by Cramer sums it up perfectly. I was expecting this sometime this week (which was why I said I didn't feel things would go any lower, boy was I wrong).

thestreet.com



To: Olu Emuleomo who wrote (72062)8/5/1999 4:54:00 PM
From: Iris Shih  Read Replies (1) | Respond to of 164684
 
Olu,

I also bought some amtd around 19. I am looking at 29~30 to take profit. What do you think?

Iris