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


To: Raiders who wrote (25992)11/14/1998 3:39:00 PM
From: Jan Crawley  Respond to of 164684
 
Sounds wonderful, you guys keep posting. :)))

I got 100 Yhoo short shares at $175 yesterday. I knew better but I was waiting for $179 for 200 more shares.

Here is to Amzn $100, I can sort of smell it too due to all the insider sellings and low volumes. Insiders sale window ends around the end of Nov.



To: Raiders who wrote (25992)11/14/1998 4:45:00 PM
From: cellhigh  Read Replies (1) | Respond to of 164684
 
yes,but have they not said the same thing 100 pts ago???
oh, i get it...its different this time.



To: Raiders who wrote (25992)11/14/1998 5:46:00 PM
From: Gary Metzer  Read Replies (1) | Respond to of 164684
 
Raiders et al,

Re: I have a very strong feeling that Internet stocks especially AMZN is going to collapse.

I agree with your assessment. Rather than boggle one's mind with charts for a bunch of internet stocks, just plot COMPQ (Nasdaq Composite) and check out MACD, Stochastics or any other indicator you choose. Top occurred last week and it's down from here for at least a couple weeks. Over exuberence in I-net stocks is another indicator along with Dell's drop. Even though I made good money on a couple eBay trades this past week, right now I only hold ASND and CYMI making up less than 15% of my holdings. Rest is in cash and will be earning interest until turnaround.

Happy Investing.

Gary



To: Raiders who wrote (25992)11/15/1998 9:15:00 PM
From: Mike M  Read Replies (2) | Respond to of 164684
 
Collapse may be strong, but the balloon is about to lose some air....of that I am pretty sure. Tomorrow will be a tough day for the "internuts".

It is hard to put YHOO! into the same boat as NZMA, but, I think they will continue to mirror each other for the time being...only, YHOO! happens to be coming from an all time high. NZMA, on the other hand, wasn't quite able to accomplish that....

I do not believe that the market is experiencing more than 2-3 weeks of correction and expect YHOO! to bounce back...(nothing to do with value, $20 B is absurd!). Just a case of too much $ around and too many fools willing to bet they won't be holding the stock when the music stops....But, somebody will!

Mike