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


To: F The who wrote (9214)7/7/1998 1:47:00 PM
From: put2rich  Respond to of 164684
 
<<affraid when YHOO's earning is a bit more than estimate and declares a stock split, then, the net mania will continue. Difficult decision now ..>>
I am not an expert but I hope the short squeeze is subsided and with announcement of Crown as well as an article (go to Roger's) today that most longs are small investors will hold the bags if internuts turn south. And I think most industries will perform poorly due to cool down of economy as well as Asian flu, then it is very very hard for amzn to go back to 140+. I might be wrong but I short small and will average up and go for long term (whatelse can give a sure 50% gain if short amzn long term for 6 mos.- a humble goal). I suspect the market is at the last leg of bull (many hi-paid workers in Sjose and LA got canned and look at papers and no major hiring virtually, consumer spending will be bad, and think it is hard pressed to LONG just 100 shares of amzn)