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To: Sam2482 who wrote (698)12/21/1999 9:08:00 PM
From: Richard Tai  Read Replies (1) | Respond to of 766
 
i doubt it's due to tax loss selling. it's still only $2 below its offering price.

if you take a look at the etailers, besides amzn no one is doing well. etys, cdnw, bynd, etc, are all in the crapper.

i'm sure they're having a solid xmas but their prior two quarters also crushed estimates and the stock has done nothing. if this stock can't go up when the nasdaq is up 110 then i doubt it will go up when the nasdaq slows down.

i'm not buying etailers but if i did i would only buy the leaders and in this sector there's only one play: amzn.