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


To: Bill Harmond who wrote (15839)9/2/1998 6:25:00 PM
From: eric sahlin  Read Replies (1) | Respond to of 164684
 
Buying Puts on this one tomorrow.
No way is this worth more than 4+ billion dollars. Simply a short squeeze today. When the market continues to fall AMZN will fall very fast. Poor fundamentals, low margin business...not worth more than 40.

Eric



To: Bill Harmond who wrote (15839)9/2/1998 6:26:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
William, why you are still day trading, because you need more profits, or because Morgan Stanely suggested you do?



To: Bill Harmond who wrote (15839)9/2/1998 6:53:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
We need a "V" bottom for long positions to pay.

William,

Please let us know when we have that. You seem to be very accurate.

Glenn

PS You are just missing the fundamentals on AMZN but you sure know the market;-)



To: Bill Harmond who wrote (15839)9/2/1998 9:49:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Maybe not so silly William. Small caps are pulling up good sign so far. A lot of mixed signals too but i think we'll rally towards 106 to 109 on Amzn. If we can get over 96 tomorrow then on to 100 and above , of course we'll see resistance at those two places, and close above 96 tomorrow, then we could possible move up to 106 and 109 baring any overseas meltdown. Possibly we are in for a September rise and then an October decline, usually a rough month, hopefully not another crash though. I'd like to see the Dow build a base between 8000 and 8600 hundred for awhile at least until the end of the yr. I guess you know what animal i'll be watching and more than likely you will too. Good luck to us and happy hunting.