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

To: Mike M who wrote (32566)	1/5/1999 1:53:00 PM
From: Rob S.	Read Replies (2) \| Respond to of 164684

The stock is near it's high and my guess is that it will be down about 30% from this level. Before that happens it could be up 30%. But as a momentum stock play, it's day in the sun for the short-term is nearly over. By next year at this time it will possibly be up to even higher levels - a lot can happen one way or the other to determine the price by year's end. If we get another spectacular Christmas season with 250% growth, Amazon will likely be up. But for the next several months, we are near a high, IMO. Watch for a sell-off within the week.