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

To: Henry Wolfond who wrote (7400)6/24/1998 2:26:00 PM
From: William T. Katz  Respond to of 164684
 
Well I covered again with small profit in 98s. Stock is looking very strong still. My second guessing is that everyone *assumes* 100 is some sort of psychological barrier, but what if AMZN pierces 100. Could we have the mother of all blow-off tops?



To: Henry Wolfond who wrote (7400)6/24/1998 2:39:00 PM
From: yard_man  Respond to of 164684
 
I think if one were wise being long this stock, <oxymoron>

one would at least get a little more than double their money out or buy protective puts. I woudl be inclined to sell it all and buy some out of the money calls to not miss the rest of the ride if there is one.

The Company's future prospects aren't that great for the reason you cited. It's no fun browsing.


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