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

To: Glenn D. Rudolph who wrote (84582)	11/18/1999 10:20:00 PM
From: MoonBrother	Respond to of 164684

AMZN Is Poised To Go 30% ~ 50% Higher Within Next 2 Weeks! As you might have noticed, most major Net stocks have recently either climbed close to or pieced thru their 52 week's high. YHOO, AOL, RNWK, DCLK, INKT, NSOL, etc are some of them. Even CMGI and EBAY have gone up in the past couple days. Only AMZN is still about 30% below its all-time high of $111. In case you are getting frustrated, and thinking of jumping the ship, hopefully this note might encourage you to wait a little longer. The recent pattern suggested that money has been moved around. CMGI's move in the past couple days can prove this. CMGI has been sitting in $100 ~ $108 for quite some time now. No matter how hot other Net leaders were, CMGI seemed being left out cold and nobody cared about it in that period. However, out of nowhere, all of a sudden CMGI shot up 20% yesterday with no significant news what so ever. My take is that, people has been paying attention to these Net leaders. Just because it hasn't moved, doesn't mean it won't move tomorrow. As soon as someone started jumping in, everyone else will quickly follow. That's what happened on CMGI. So did with EBAY today. Clearly you can see that those people who have made money on one stock is moving the money into those within the class that haven't moved just yet. With almost all other major Net leaders have moved, AMZN is the only big one being left out. Therefore I think naturally, AMZN is the next one to jump! And, there is more good news, i.e. Holiday Season Is Fast Approaching!!! The following is my prediction for AMZN's price move in the next couple weeks. I think that AMZN could shot up 30% ~ 50% in the period. Here is how. Since the holiday season will officially kick off next week, the smart money has started moving into this stock. This trend should intensify within the next week, which should push AMZN to up $80 level by weekend. With next weekend being the official start of the millenium holiday season, everyone will jump start on the holiday shopping. This could prove to be the busiest holiday shopping weekend ever! On the Monday morning after that weekend, we will read and hear tons of news telling us how explosive that 3 day weekend is. Analysts will go all out applauding etailers. That media frenzy will translate into a crazy buying phenomenon to all e-commerce stocks. As the leader of the group, AMZN should easily go up $10 ~ $15 that day, which will send it close above $100. If that happens, we can expect that on Tuesday morning AMZN will gap start $5 higher, and easily eclipse the $111 all time high before noon time. In the rest of the week, if the market continues the red-hot momentum, AMZN should continue to go higher, perhaps reach $130 level by weekend. Good luck! MB