SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Rob S. who wrote (9971)7/10/1998 4:44:00 PM
From: Bolder  Read Replies (3) | Respond to of 164684
 
On this past Monday, July 6, I made the following predictions: 1. AMZN would begin a correction in price on Tuesday afternoon. . Fact: on Tuesday, the stock price hit a high of 143 3/4 and closed at 122 1/8. 2. AMZN would sell between 100-105 at Friday's close. Fact: I was too optimistic--closing price--99 1/2. Where do we go from here? I am looking for AMZN to trade between 89-106 next week with a closing price on Friday of 91.



To: Rob S. who wrote (9971)7/10/1998 6:22:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
The small investor that bid Amazon up will have time to reflect this weekend on the folly of not dumping AMZN at a higher price.

Reflect, maybe, but many will not sell and that will be a help to us in the long run. When, after the fall and a period of consolidation, those who rode it up and then back down (or perhaps just down) start begging for a buyout to rescue them, that's about the bottom. Held true for NETC, PSIX and now, it seems, EGRP.

Bob


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News