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

To: wiz who wrote (34712)1/13/1999 9:26:00 AM
From: Tom Kearney  Read Replies (2) | Respond to of 164684
 
I know many longs who threw in the towel yesterday - that is a big factor.



To: wiz who wrote (34712)1/13/1999 9:29:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 

I was more ready than ever to start playing the downside, based mostly on the fact that so
many bears were throwing in the towel. Might have waited too long though.. we'll see.


I can't watch it today either to choose my entry point:-(

Glenn



To: wiz who wrote (34712)1/13/1999 5:09:00 PM
From: Frank Z  Read Replies (2) | Respond to of 164684
 
Mark,

Don't be fooled by today's AMZN action. This senario has occurred many time over past year. Everytime shorts get excited and then get slaughtered. If you don't like the stock, stay away from it. Interesting thing is: short interest ratios of almost all internet stock are very low (check out olook.com). I guess shorts have learned a lot lessons.

Frank


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