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


To: umbro who wrote (22195)10/19/1998 12:10:00 PM
From: H James Morris  Respond to of 164684
 
Gary< I think the fact that the B&N & Bert news, and the Walmart suit haven't slowed this stock down, is bullish for AMZN.>
As I've said here many times. Short of a bomb or a total stock market melt-down. This is not a stock too mess with.
There was a funny post over on TMF today. It was from a bull that had no shares up or down.
He said if Bulls do get hurt? They sure had enough time to get out.
Until a few weeks ago I was convinced that the Elephants would start to leave. I guess that's my I choose to call it the 'Thing'.
It defies anything I've ever run across, and hope never too, again.



To: umbro who wrote (22195)10/19/1998 12:32:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Doc, on Amazon's chart,
quote.yahoo.com
I'd look at this as a stock that has tested the low end of its range (in the
70 area) twice, and is trying to move back up. I'd look for resistance in the
110 area, and expect the stock to retest the 125 to 130 area. Why
Amazon trades so bullishly, I haven't a clue. I wouldn't look at today's
price topping out in the 106 area as being particularly negative. It is a
10-day high after all. Also, I think the fact that the B&N & Bert news, and
the Walmart suit haven't slowed this stock down, is bullish for AMZN.<<

Very Good Gary that's what i expect too.