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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Richie who wrote (4825)10/28/1999 9:04:00 AM
From: Kenya AA  Read Replies (1) | Respond to of 12663
 
Hi Richie: The Market obviously is happy with this morning's economic reports so there's the positive influence. However, the Market does not like AMZN's numbers. Henry Blodgett from ML (the guy who originally said EBAY would go to 400) downgraded AMZN based on margin pressure. He's also the one that made INKT crater the other day on a downgrade. Blodgett, along with Mary Meeker and Jamie Kiggen are the 3 big NUTZ axes. Meeker and Kiggen were both plugging EBAY after its er - I haven't heard that Blodgett said anything about EBAY though. All that said, I'm sure EBAY will hold 130 on the bottom - I doubt it will go that low, though. Right now, I can only see EBAY within its basing range of 130 to 160 - but that's 30 points! If EBAY ever breaks 160 on BIG VOLUME it could go to 200 fairly easily though.

K