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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (1945)11/2/1998 9:32:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
K

per Maria

downgraded to a sell

could do a WEN

but buyers won't come in right at the open, expect 2 early dives, the initial selloff, followed by more sellers, before a rebound

support/buy is at/about 29

JMHO

Sue



To: LastShadow who wrote (1945)11/2/1998 9:34:00 AM
From: Susan Saline  Respond to of 43080
 
PSFT

news ... if it can do

heavy resistance at 22.00

maybe buy stop at 22.25



To: LastShadow who wrote (1945)11/2/1998 10:27:00 AM
From: Walter High  Respond to of 43080
 
Last,

My best guess about AMZN and others of its ilk is that we are looking at the beginning of a whole new way of doing business here. AMZN is not really about selling books or CD's, its about doing business on the internet. My guess is that over the next couple of years, there will be a lot of consolidation in this business and AMZN is going to survive because it has staked out the territory and has one of the best formats and search engines available.

Ten years from now AMZN will probably be the WalMart of the internet. They will have a site that sells everything and books/CDs will only be a small part of it.

Walter High