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


To: saber hormi who wrote (3121)4/17/1998 2:31:00 PM
From: Candle stick  Respond to of 164684
 
AMZN is glued to 95 because of options expiration....there is no volume today because the momentum crowd has already left the stock.....now there is just thin air holding it up here and by next week you will see Excite like tumbles in AMZN for several days, after they release the losses on April 23, IMHO.......;^)



To: saber hormi who wrote (3121)4/17/1998 2:38:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
If I was a Amzn millionaire, trying to get out at the peak, I wouldn't get out until a few days after Amzn announces earnings next week.
I still see Amzn hitting $105-110 before it starts its decent.
Some momentum players will see the dissolution as a split play while in reality its a get more cash move.
I also don't expect to wake up and find Amzn down 15 points one morning. They will take it down 2 or 4 points a day.
The correction is not here YET! Did you see Brcm today?