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To: Jan Crawley who wrote (1306)8/31/2000 12:39:46 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 57684
 
>>>But a revisit of low $30 is not out of question?

Jan,

A revisit of 30 will make an Xmas rally highly unlikely.

--Olu E.



To: Jan Crawley who wrote (1306)8/31/2000 1:12:37 PM
From: Libbyt  Read Replies (1) | Respond to of 57684
 
AMZN...

Jan and Olu,
I do not own any AMZN at this time, but with the recent agreement with Toys R Us, I can't help but think that AMZN will be trading in an upward range going into the Fall and Christmas shopping season.
I was waiting to see if AMZN would "hold" at a 40 plus level, before taking a position. At one time I had a fairly large position in AMZN, which I sold, and I can't help but think that in the long term AMZN will be "a survivor"! I have shopped online at GAP, and Williams Sonoma...and the easy of doing an order for a gift or book is so much better at AMZN. I do think there are many AMZN customers who don't search the net for the "lowest prices", but just place an order (especially a gift order) at AMZN because they know that the product will be delivered without a hassle. Many internet customers place a higher value on their time, and lack of "hassle"...and go where they've found success in the past with their purchases.

Libbyt