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

To: put2rich who wrote (11640)7/24/1998 11:00:00 AM
From: Ed Zhao  Read Replies (1) | Respond to of 164684
 
>We are back to 90-95 in couple more days w/ this kind of damage. (IMHO)<

I sure hope so. The way it surges back from a 30% correction in the last 1 1/2 week truly amazed and absolutely shocked me. I doubled on its way up which caused a big margin call. So far I was very wrong with this Internet mania, especially AMZN. But I'm confident this stock will be trading under 50 in one year.

XZ



To: put2rich who wrote (11640)7/24/1998 11:01:00 AM
From: llamaphlegm  Read Replies (1) | Respond to of 164684
 
thanhdao:

agreed. this is just the return to obscene heights, from MM etal manipulation. Once it hits 70-90, the real war begins and we wait for either disappointing results (or killer results from bks and bgp) to induce freefall and panic selling, market and or sector and or internet correction or some return to analysis of company fundamentals. I lived through ktel, I can wait this one out (though ktel was more like out and out fraud).

LP


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