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

To: im a survivor who wrote (76577)	9/5/1999 11:43:00 AM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

How do you feel momnetum will play into this stock ? So many people do not trade on fundamantals..they trade on momentum. I tend to agree with your thoughts on amzn, but at the same time, it's hard seeing this thing not go back to $100......I really am at a loss on this one with no earthly idea what to do. KG4, I am not a good momentum player. My guess is Amazon will move up due to holiday shopping speculation. There seems to be more "fear" than ever about the future of Amazon lately due to the metrics last quarter, the downgrading of the converts and the departure of Jimmy Wright. It is my opinion that YHOO will move up strongly in the fall along with others. My personal preference would be to play the momentum one those that have less fear. Amazon has to show numbers again sometime in October. Same store sales did not grow last quarter so that would frighten me being long when the numbers come out for this quarter. My risk tolerance says pick another. Glenn