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


To: H James Morris who wrote (5696)6/12/1998 12:02:00 AM
From: Mike M  Respond to of 164684
 
Jim-

<<Are you nuts?>>

Probably.

<<In 3 days the momentum players have rode Amzn, from 40 to 62.>>

How many of those 6 million shares purchased Thursday were momentum? My guess is that many of those will sell below what they bought stock for.....By definition, momentum players get in late in a move....

<<The shorts have rode Amzn from 62 to 40.>>

Huh?