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


To: Rob S. who wrote (14045)8/19/1998 12:30:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Rob,

Excellent thoughts on long-term trend; will re-read again. For the short-term Amzn trading pattens, it's clear to me(MHO only) that short-squeeze is the only strength Amzn has due to 14 million tickets/10 million seats reality. But the squeeze is getting weaker and weaker also due to the same variables.

with tight float; a very ill-liquid Amzn will not attract any major buyers at all. Liquidity is the major issue for funds and foreign purchase!!

I do not know the quilibrium price level for Amzn; but I know it's not $130!