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


To: Mandinga who wrote (11638)7/24/1998 10:59:00 AM
From: llamaphlegm  Respond to of 164684
 
Mandinga:

Perhaps. Or, in keeping with eric's brilliant drawings, the tanker has come upon a large, slippery and messy oil slick. Who can tell.
A few points.
One, it is only now retracing that maniacal one day 17 point spike.
Two, it is part of the broader internet/market downdraft.

I'm still waiting for
1. Major market correction. This is like a cold. and/or
2. Major sector rotation out of technology. and/or
3. Major Internet correction. and/or
4. Major e tailer correction (3 includes isp's and portals). and/or
5. Major common sense whacking some of these hallucinating analysts and retail investors upside the head on company fundamentals.

Today, if we're playing imagination, I'd like to be the slicky-boy MSDW broker who got me into this stock at $140, when I call to kick his a--.

LP