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

To: Don Westermeyer who wrote (1176)	1/13/1998 4:42:00 PM
From: doug doan	Read Replies (3) \| Respond to of 164687

Have we missed something? Amzn is showing strenght today on increasing volume. Let's at least be honest and note that this is a big surprise. Our earlier predictions were for insiders to start unwinding their shares. So far they have not. Time to start thinking about why these folk or holding on to shares that most of us think is unbelievably over valued. Fact is people are buying the stock (at least today). Questions remains Why, and for How long? I, for one, am not a trader and do not pay much attention to one day or even weekly moves. I am lokking for a one year move and I consider this stock to be grossly overvalued and have a target of 20. Having said that, this stock shows a lot of strength for a copy with no earnings. Any thoughts on Why?