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


To: jach who wrote (8081)6/30/1998 1:24:00 AM
From: slipnsip  Read Replies (2) | Respond to of 164687
 
Another sleepless night.. Is the AOL news enough to pull down the sector tomorrow??? No doubt yet another clear signal that this mania is nearing a top.. XCIT split will probably reign supreme yet again tomorrow..

Why do I feel that way?? A) Because it is widely excepted that this is primarily retail investors bidding this sector up (with some help from the MOMO's and shorts getting margin call after margin call). Retail investors do not have the knowledge base to understand dilution or big money dumping shares. Much easier to know that you can buy stock cheap after a split for the ride back up!!! Buy it before it splits for the run, buy it after the split for another run!!! Splits are great. Double my money.. B) Cause it has been easier to say that this is going up and be right lately.. HEHE What 3 down days in 3 weeks??



To: jach who wrote (8081)6/30/1998 6:53:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 
Tomorrow will likely go up some more, but first week of July will start the
downward trend and a year from now, imo will be at 25 or less


jach,

I was hoping AMZN would not go up anymore today. I am anticipating a drop starting July 1 which I believe I stated earlier. I can wait forever if it does not go to 120 or above.

Glenn