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


To: Olu Emuleomo who wrote (80646)10/14/1999 5:00:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I've got 2 GTCs. @ 69 1/8 and 71.

Olu, keep posting your targets please. I am going for the GTCs too before leaving for my trip....right now I have buy orders for 200 Yhoo @148 and 400 Amzn @67. My trading a/c is cash plus 800 Nite, but the Nite is sorta long term.



To: Olu Emuleomo who wrote (80646)10/14/1999 6:12:00 PM
From: Eric Wells  Read Replies (3) | Respond to of 164684
 
Olu - my prediction: AMZN will NOT reach 110.625 before 12/31/99.

I just wanted to balance out the debate on AMZN stock price projections on the thread here. I have no data to back up my prediction other than this: I believe that at some point during the next 50 trading days, investors are going to finally come to their senses and realize that Amazon's business model will never allow it to be as profitable as today's most optimistic predictions.

And I pose this challenge to you: Should I be wrong in my prediction, I'll post a note of apology to the thread and admit to being excessively bearish - while in return, if you are wrong, I would ask that you post an apology to the thread and an admission of being irrationally exuberant. Not that such admissions will be an extreme blight on either of our characters. I suppose we can also through in a case of beer (I prefer Heineken). Let me know if you are confident enough in your prediction to accept the challenge.

Good luck!
-Eric