Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Impristine who wrote (35541)	1/20/1999 3:14:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

<<where is the bottom of this one>> We have been gliding so far at a fairly steep rate but no big drop yet. When it gets to 100 it may pause for a day. But more likely it will pierce 100 and head to 70 before pausing. This is likely by next week. Who is going to want to take this thing home for the weekend? Final destination -- probably range-bound at 50 plus or minus. Like those who came before it, there will be those who sit and clutch their shares in the dream that it will soon rise again. Look at the chart for Iomega and you will see what I mean. For day traders the party is over.

To: Impristine who wrote (35541)	1/20/1999 3:32:00 PM
From: Rob S.	Respond to of 164684

I think that it is 50-75 sometime this summer. Then in a couple of years when the growth continues to decelerate and corporate America gets into competitive high gear on e-commerce (after the Y2K issue is out of the way and larger amounts of budgets and manpower can be focused on it) the bottom might be around 15-20.