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


To: Glenn D. Rudolph who wrote (8717)7/3/1998 10:12:00 PM
From: Roger Smith  Read Replies (2) | Respond to of 164684
 
HI Glenn,
Based on the report from Robertson Stevens, there are few things which are obvious.

1. The analyst is amazed by the rapid rise in the stock price and believes that they may take a breather.

2. Long term he is very positive on AMZN, AOL and YHOO

3. Currently the only people buying are retail traders (either covering the shorts or buying long)