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

To: Glenn D. Rudolph who wrote (32719)1/5/1999 6:55:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
>>I covered on this Friday if you remember however Amzn looks like it push
to 150 next. <<

Glenn:This is based on TA? You are likely correct.<<

This TA is good 80 percent of the time I'm going by my gut on this.

I still like inkt in here i bought at 127 Friday and more today at 136 i'll stay put in here.



To: Glenn D. Rudolph who wrote (32719)1/5/1999 7:25:00 PM
From: Alan Newman  Read Replies (3) | Respond to of 164684
 
I really believe this quote from their press release is misleading:
"Based on fourth quarter sales, Amazon.com has achieved a $1 billion annualized sales level three and one-half years after opening for business."

I don't think it is reasonable to extrapolate the rest of the year from the seasonally strong 4th quarter!

I don't think this is an ethical statement for a public company to make.

JMO.
Alan


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