Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dumbmoney who wrote (2726)	4/2/1998 4:36:00 PM
From: William T. Katz	Read Replies (2) \| Respond to of 164684

Have you noticed previous short squeezes at $65 and $75 have 2-3 days of squeeze followed by backtracking? If this pattern holds, we should get a little upside tommorrow followed by close near bottom of the day and then a retrace. Fundamentally, I've always felt there was a ceiling imposed by BKS market cap ... once Amazon >= Barnes & Noble there will be even more stories about its valuation. Never thought we would reach that point but its looking like that may occur. Also, think about the fact that BKS has also been increasing in market cap ... AMZN is already valued more than BKS used to be last year.