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


To: Rob S. who wrote (16418)9/8/1998 4:17:00 PM
From: Peter Bernhardt  Read Replies (2) | Respond to of 164684
 
AMZN has rallied on less-than-average volume. It also closed below the open price. I'm looking for a reversal soon.

But your advice to avoid "wishful thinking" is well taken. When the bottom drops out of this stock, there'll be plenty of room to make a profit.

Other than nervous shorts covering, I can't imagine who could possibly be buying this stock at these levels.

- PeterB