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

To: Bill Harmond who wrote (13703)	8/17/1998 12:52:00 AM
From: OtherChap	Read Replies (4) \| Respond to of 164684

Amazon crash alert! With the nikkei collapsing, futures down 10 points, and general market edginess over the clinton debacle, I think tomorrow is going to be extremely rewarding to those who are short this stock. To the previous poster who said he expects 110 within a week, I think you are absolutely right. However, we will hit 110 tomorrow by around 2pm and it will keep going down all week. There is an extremely good chance we will break below 100 before the week is out. People are going to see their profits eroding and jump ship, and the shorts may pile back on (which would be bad long term, but will cause a quick spike downward)