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


To: Don Westermeyer who wrote (2459)3/25/1998 3:45:00 PM
From: Mandinga  Read Replies (1) | Respond to of 164684
 
This has nothing to do with thestreet.com (maybe the tip of the iceberg).
I think people are starting to realize that all this is an insane bet on the internet.
Valuation? Nobody cared...
Huge competition coming...Again, nobody cared.

Sooner than later we'll come back to reality, and when this happens, a lot of "longs" will bleed to death.

Mandinga



To: Don Westermeyer who wrote (2459)3/25/1998 4:01:00 PM
From: Candle stick  Read Replies (2) | Respond to of 164684
 
The stock has been weak for a few days now and block selling has picked up today and there was a double top made at 88......the street.com article certainly helps but there have been many negative articles in the last few days...I just think that James Cramer's timing is impeccable and he is a momentum trader...he saw the momentum stall up here and I am sure he is selling the crap out of AMZN and will drive it down faster than it went up, ...so will all his trader buddies that play follow the leader....get ready for AMZN to test the recent breakout at 65.......;^)