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

To: Jan Crawley who wrote (20727)	10/8/1998 10:51:00 AM
From: craig crawford	Respond to of 164684

I think we are due for a bounce...although we are sliding right now

To: Jan Crawley who wrote (20727)	10/8/1998 11:17:00 AM
From: IceShark	Read Replies (2) \| Respond to of 164684

Jan, Do you recall off hand the guy that used to post the options calculations? We need him back pronto. Oct premium is going to evaporate over the weekend. We (I) need to make some decisions pretty soon. Regards, IS

To: Jan Crawley who wrote (20727)	10/8/1998 11:55:00 AM
From: Rob S.	Read Replies (2) \| Respond to of 164684

NZMA is meeting support at 85 that was established briefly from 9/1 to 9/9. The next level is around 75. I think it is likely that the stock will at least briefly test that level. The support there can be expected to be stronger. I think by mid NOV that level will be taken out and the stock will drop to 40-50. A lot depends on how quickly the competition gears up and how well Amazon's quarterly numbers are perceived. I also expect AMZN to roll out some enhancements or integration of their site with the newly acquired Junglee and PlanetAll capabilities by end of the year. That is mostly guess work on my part - we may know more when earnings are released and the cc takes place. So we have some opposing developments that can move the interest in the stock (that is about all that really matters anyway) in one direction or the other. The longer term trend is toward more rather than less competition and less rather than greater margins and market share. Improvements in site offerings may rally the stock but the longer term trend will eventually reveal itself.