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


To: Mark Fowler who wrote (4723)5/26/1998 9:46:00 PM
From: John Rowton  Read Replies (3) | Respond to of 164684
 
I just think the market is in trouble, there will be warning from
a tech stock every morning, some small, some big, the big ones will
really hurt the sector that they are in. The next MANU is right
around the corner, look at dbd today, not a tech stock but lost 20%
off the top, there is a disaster around every corner and everyone is
saying " just hold on long term" and wait until margin calls start if
it gets bad enough, just my opinion.



To: Mark Fowler who wrote (4723)5/26/1998 11:39:00 PM
From: slipnsip  Read Replies (1) | Respond to of 164684
 
Next technical stop on AMZN is approx $51 where it was back in January.. No reason to think we will not retrace to there especially if this whole market continues to stink..



To: Mark Fowler who wrote (4723)5/27/1998 9:24:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Glenn, it looks like your going to make profit on your short position in here. What's
your prognosis on the down side in here short-term. Do you plan to cover your short
position at 80 or 75 range? I think the worst is over on the indexes and more than likely
the market will shave a few more points off in here short-term.


Mark,

I really focused on the long term. I suspect 70 by the end of this week. I do not plan on covering my short until 20 or below.

The company has no fundamentals in my opinion. The insiders are becoming millionaires by running a company that has done nothing but lose money.

I see 50 around August.

Glenn