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


To: Greg M. who wrote (9697)7/9/1998 12:37:00 PM
From: freeus  Read Replies (1) | Respond to of 164684
 
re without more downgrades...trading between 100 and 115 until earnings

Earnings: July 23.
I wonder if "meeting estimates" (still a loss) will give AMZN push to go up. Somehow it looks like its lost its helium.
Freeus



To: Greg M. who wrote (9697)7/9/1998 10:12:00 PM
From: Mike M  Respond to of 164684
 
<<Without downgrades, I would not be surprised to see AMZN trade between 100-115 until earnings, and not fall below 100 until then.>>

I think that would be the best thing that could happen to AMZN......I would guess it is too heavy to bounce much from 102....One of these times I figure it will break thru and look for a new support line....

Probably well before the earnings come out....I would not want to be holding this stock long anywhere near 100 the day after earnings come out....

Mike