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


To: H James Morris who wrote (25195)11/9/1998 1:46:00 PM
From: Jan Crawley  Respond to of 164684
 
Usually when Jamie fires of his screaming buy, the 'Thing' shoots up. What's different today?

If Mr. B only file to sell 5K shares so he can buy a new pair of teni, then that would be positive. He should not sell 180K shares now, and B&K, PK, Junglee/Plantell people should all wait for the $175 target set by this Jamie guy.

The funny thing is that if all the above do not sell their shares, and buy a few shares instead, keep the float well controlled, then they will have the $175. Oh, Why is B&K making those moves!



To: H James Morris who wrote (25195)11/9/1998 1:48:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
I'm now short on AMZN. Sold a few on Friday and more today. I have another order in to sell 100 if it does an intra-day rally. This stock is looking weak. I think that the Internut rally is a blow-off and that a pull-back will start this week. This is a similar period to a few months ago when the markets started selling off and momo investors pulled out of other sectors and plowed more into the Internuts. This razzle-dazzle rally will fizzle quickly IMO. Some of the stocks will tumble 1/3-1/2 of the gains they have seen over the past few weeks. What the heck, it's fun watching the volatile action.