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


To: Candle stick who wrote (1376)1/23/1998 4:32:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 164684
 
Looks like we're getting to the phase where the momentum players get burned. I wonder who the lucky guy is that bought at $64 1/8?

I hope you're right about low $30's by next Q, but I'm not quite that optimistic. My target to cover is about $25 over the next year. I might even lower that if the market gets rattled in the mean time.



To: Candle stick who wrote (1376)1/23/1998 7:03:00 PM
From: Wildstar  Respond to of 164684
 
Candlestick,

I agree with your analysis.

However, I wish the NAZ hadn't closed so strongly today. I don't know how dependent AMZN is on the NAZ but it looks like the previous two times you mentioned, the downswing in AMZN had some help from a downswing in NAZ, especially the second drop (from Oct 31).



To: Candle stick who wrote (1376)1/25/1998 10:39:00 PM
From: Brad Davies  Read Replies (1) | Respond to of 164684
 
CS, you have mentioned an increasing float in a number of posts. Do you know by how much the float is due to increase, and when?
Thanks,
Ron



To: Candle stick who wrote (1376)1/26/1998 3:48:00 PM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
Just a quick note to say that todays close , which is lower than Fridays close, is a good confirmation of the reversal top that took place. AMZN is now poised to drop at least into the 42-47 dollars range for the reasons I previously posted (# 1376).....Happy Shorting! .......;^)