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

To: John May who wrote (1065)12/24/1997 9:46:00 AM
From: Oeconomicus  Read Replies (2) | Respond to of 164685
 
Since lock up ended on November 12, AMZN is up $10 or 30%. In same period DOW is up 3%.

John, since November 1 AMZN dropped 35% in two weeks, then rose 30% from there. Net, it's down 15%. Dow, over the same period, is up 3%. Different picture, huh?

BTW, haven't you heard? Retail sales are looking like another disappointment this Christmas.

Just thought I'd point this out. Don't want anyone caught long!

Best regards & happy holidays!

Bob



To: John May who wrote (1065)12/30/1997 5:45:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 164685
 
>>Since lock up ended on November 12, AMZN is up $10 or 30%.

Shug...

One never knows with these stocks. It may be a couple of more quarters before things get going (to the downside). It mostly depends upon if B&N, etc. get more serious than they appear to be now. Eventually AMZN will run out of cash and will issue new stock.



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