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


To: Bill Harmond who wrote (33521)1/8/1999 12:57:00 PM
From: ALTERN8  Read Replies (1) | Respond to of 164684
 
AMZN is at 567 pre-split. AMZN and YHOO have been trading around the same numbers as each other ever since AMZN started trading. History repeats itself. IMO this means that either AMZN will come back down to YHOO's level or YHOO will shoot up to AMZN's level. Or they will meet halfway. Either way YHOO is a couple of hundred points behind AMZN now, so at this point I would be selling AMZN and putting all my money on YHOO, yes at 350 it still has a 200 point upside potential in one month. AMZN and AOL's splits have paved the way to realize that when YHOO splits in about a month that it's price and volume is just going to pickup even more steam. Even when the bubble bursts YHOO and AMZN will bounce back bigger than their fall.



To: Bill Harmond who wrote (33521)1/8/1999 1:08:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Writing scripts for the market is a dangerous game, though<<

It can be be, but being that we come up from the bottom a few months ago i believe the markets can run up another 8 to 10 percent from here. I think the s&p could get to 1350 or so near term. I'm careful too i have too much here at stake. If you begin to see any cracks please let me know and i'll try and do the same, again, Thanks William. I thought those positive comments coming from Kurlock on the Internet and hightech industry was very sobering. I think were're headed for a new tech revolution over the next 3 to 5 yrs.