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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (16278)2/12/2003 1:01:38 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 19219
 
got a target for amzn? Ebay is stronger but amzn pretty resilient too

Amazon.com outlook raised to 'stable,' S&P says
S&P affirmed Seattle-based Amazon.com's (NasdaqNM:AMZN - News) "B" corporate credit rating, its fifth highest "junk" grade. The outlook revision means the credit rating agency has gained confidence in the company's ability to pay its debts.

biz.yahoo.com

This period makes me wish I went for that MBA I was thinking about in the early 90s. I only took some classes at local universities but this consolidation phase is textbook to a tee. Next comes the pricing power.



To: dvdw© who wrote (16278)2/12/2003 5:14:37 PM
From: mishedlo  Read Replies (1) | Respond to of 19219
 
MISH....get to work on Ebay would ya! We need to put your prognostications on a clock.
In case You Missed it...Mish predicts EBAY to 10.

I'll go on record and say it's low will be 43.


EBAY is stubborn isn't it. ggg
Everyone holes up in the pockets of strength until they crack. I am wondering if it is becasue there are so few stocks left in that sector, that anyone who wants that sector buys EBAY. It is also a cult stock. Bounce off 43 is a good bet (if it even gets there this cycle but I doubt it).
After the March rally, let's see where it is. Ebay is going to take years to get to 10 most likely but it will get there. Probably not this year. Maybe 35? Note: I am not short EBAY here. Just offereing an opinion.

M