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

To: Michel Bera who wrote (10274)7/14/1998 9:21:00 AM
From: PblcSrvnt  Read Replies (1) | Respond to of 164684
 
Michael, Sorry, but I would value your input at somewhat less than 2 cents. Wasn't fighting the tape; have you seen it last week and yesterday--until 2:00? To suggest that I should be bullish because this company is on a STRONG downward, very justifiable trend, with numerous legitimate negative news events, just because it recently suffered a short sqeeze, is not within the universe that I would consider good advice. In other words, what I summarize your advice as is: Don't trust anything you see or believe, just always be bullish on hype.

Regards,

Lee



To: Michel Bera who wrote (10274)7/14/1998 3:09:00 PM
From: Ed Zhao  Respond to of 164684
 
>>When they are so many "bad news" and stock
price still reverses up, something is happening that may be tough on one's
position : <<

After a stock dropped as much as 33% over 3-4 trading days from all time high, the stock price almost always bounce back. The only exception I found so far was ZITL which lost 50% within 2 days and only recover to 70% off all time high.

XZ


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