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


To: Robert Rose who wrote (26830)11/18/1998 10:55:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Technically Amzn is in good shape don't worry about the short-term voltility if you are then your over exposed to it.
Just hold on i see Dow 10,000 in '99 and 2200 to 2400 on Nasdaq. Yhoo and Amzn will stand out as winners along with Aol. Amzn specifically has revealed that it will be much more than a book and music store this week. Look for new products being added and possibly new strategic partnerships and/or new acquisitions. I like three large cap techs too Dell, Csco and Intc. Short-term, with end of qtr. window dressing and a good 80 percent chance of new highs on the indexes by yrs. end Amzn and Yhoo could be over 200. I also expect two for one stock splits for both stocks going into first qtr. of '99. Also i think there's room for another quarter percent rate cut going into the first qtr. of '99 and possibly one more depending. I hope i didn't seem too bullish but (cautiously bullish).