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

To: H James Morris who wrote (149298)10/26/2002 8:20:00 AM
From: Tradewell  Read Replies (2) | Respond to of 164684
 
Looks like AMZN headed back to mid teens. Earnings report confirmed distribution issue that will hinder gross margins in the Dec. quarter. Multiple contraction won't allow stock to continue it's recent run, and it's inability to penetrate resistance just above $20 will cause pullback. Good company, good franchise, stock's a buy @ $13.



To: H James Morris who wrote (149298)10/26/2002 9:23:42 AM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
It seems very odd that new home sales would rise 94% from Sept of last year, esp since last fall we had a very warm fall with not much rain; certainly conducive to completing and closing on new houses. I dont really believe that figure.


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