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

To: Andrew who wrote (9301)7/7/1998 9:02:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Actually there were some buyings about 20 mins before the
market closed, then sellings. short coverings and more buying from small investors,

Andrew,

I suspect there were also a lot of people reboxing their short position at close. I know I did.

Glenn



To: Andrew who wrote (9301)7/7/1998 9:20:00 PM
From: tonyt  Respond to of 164684
 
>It would be hard to let go of stock that perform more than triple less than 1 month.

Those are the easy ones to let go of. An 'investor' who bought at $50 will easily let go even if AMZN were to drop $10 at the open (hey, still > 100% in less than 3 weeks)

>I think YHOO's earnings are major here.

That will be the driving force the rest of the week.


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