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


To: craig crawford who wrote (14851)8/27/1998 5:33:00 PM
From: Raiders  Read Replies (1) | Respond to of 164684
 
I think gang it is easy to be bearish on down day and bullish on a up day. But we have to look at reality of things, Amazon is a company with a fascanating idea but is it worth billions in current and future dollars?
I look at this stock and I see the bid and ask moving up or down two or three points on a couple of thousand shares trading. It clearly indicates a manipulation on part of the market makers. I would be really concerned if true selling or buyin happens this stock could be up 10 -20 points or down significantly. Is it worth playing the stock?
Yes if you get a thrill on the simple movement of the stocks. I think internet stocks are heading lower regardless of the market conditions.
The break in 115 will happen and will head to 90. Just my opinion.
Raiders