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


To: Jan Crawley who wrote (19481)10/1/1998 3:47:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
YHOO is down about 14 3/4 now to 114 3/4. Amazon has some room to make up to the downside - it will if history repeats and it continues to track YHOO and others. I'm still hoping for NZMA to be down 12-15 at the close - but It's got a long way left to go to get to that number.



To: Jan Crawley who wrote (19481)10/1/1998 3:55:00 PM
From: Rob S.  Respond to of 164684
 
Xcite is doing much better for me than NZMA at this point - it is down about 14% on the day. I sold NOV 45 calls on it which are starting to look to be money in my pocket. I will probably cover them - although I wish that I had left all my calls uncovered during the last internet hype run-up. ? Play it safe by taking a nice profit or wait it out to pocket even more is a tough call - for now the momentum and TA is on the side of holding out for more. The internet stocks could plunge much more - NZMA down to the 90 area or lower by early next week.