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


To: GST who wrote (86454)12/6/1999 9:37:00 PM
From: James Thai  Read Replies (2) | Respond to of 164684
 
While I think the easy money on YHOO (long) has been made, I'd be wary of going short at this point. I suppose there is a month before earnings, but most people seem convinced there's going to be a split. So as long as enough people think it's true.. you know what they say about the madness of crowds.

I would certainly not expect a 50-75 pt drop though! Perhaps 10-15 on Wed?

James.



To: GST who wrote (86454)12/6/1999 9:39:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Glenn: Lets say, hypothetically, that YHOO adds 10 points tomorrow and another 10 at the close -- and then opens
around 300 on Wednesday. Under those circumstances I would expect to see selling as the day wears on -- which
could be good for a drop of 50 to 75 points.


GST,

I do not know. I do know that a new price target of $350 was set today by some analyst. I would not want to short it.

Glenn