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

To: Jay Rommel who wrote (17085)9/14/1998 9:51:00 AM
From: OtherChap  Read Replies (2) | Respond to of 164684
 
I was watching real times quotes. Amazon did in fact drop back to 77 very quickly this morning. Righ now its at 78 7/8. But it opened at 80 3/8 so anyone who bought at the market open has lost a point already.. :)

Don't worry, we'll close below 75. Serious resistance at 80. I just bought 50 more Oct60 puts.



To: Jay Rommel who wrote (17085)9/14/1998 9:55:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
I must be looking at the wrong quotes ...
AMZN looks like +3 1/16 YHOO and AOL looks strong also at the
start ... Think Harmond is giving you guys the finger by now.

Jay,

I doubt AMZN can go above 80. It has fallen even in up markets for the last week. I believe it to be under distribution and will fall later in the day. AMZn does not act like it had a few months ago.

Glenn


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