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


To: H James Morris who wrote (34564)1/12/1999 9:11:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Look @ tomorrow or next week, when he announces another buying opportunity. I
suggest you pass. If your not hedged short, just plain cautious. This mania is running out
of steam.


James,

I am flattening my AMZN box. I do believe the steam is out but I cannot make the time to watch this often enough.

If you want to know who won the most here. I think it was Dr. Tom.
His timing was perfect.


I agree.

Glenn



To: H James Morris who wrote (34564)1/12/1999 9:19:00 PM
From: Global Investor  Read Replies (3) | Respond to of 164684
 
AMZN will be up >+10 tomorrow with 95% confidence interval.

Even though YHOO traded down in after-hours, my daily Internet TA
model (has worked 65% time for 20 mos)indicates AMZN will trade up tomorrow. INTC and "flight to safety" theory will cause AMZN
to leap at least +10 tomorrow. The stock is way over-shorted
and with the small float, there will be a massive short squeeze
(have been 90% reliable since last October 8). Also, looking at today's money flows coming into AMZN, as strange as this sounds, there were many people buying on the dips. AMZN and the group will propel the Dow past 10,000 before end of Jan. After that, a bit more uncertain.

Also, look for news that AMZN will be branching out into
software and office supplies before end of March.
AMZN's value (despite its losses) lies in eventually
making one of the desired portals and etailers of choice.

Good luck!