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


To: Andrew who wrote (6487)6/17/1998 8:57:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
eading to 90 now?
gee. Please give a break and let me make some money too.
After looking at today's drop, (it did bounced back though) I think this
stock could do some serious fallings. It was darn quick from 79 1/2 to 75
1/2, less than 30 mins or so. I believe once this stock falls or lose it
momentum, there will be no bottoms to support.
IOM's cousin? Easy up and easy down.<<

I've heard that many times before. It'll go much high long-term but right now there's too much risk holding this one. It could easily go to 90 or pull back 20 to 30 percent from todays high. Tomorrow or by Monday should give us all a better picture where Amzn is going short-term.