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


To: CoffeePot who wrote (35550)1/20/1999 3:45:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
<<I seriously doubt AMZN will/could break $100>>

It could break it tomorrow and never, ever see it again. It is, what, Jan 20th today. Look at what has happened since the 1st of January. We could see 50 this month. Why even talk about averaging down into a down trend. The trend is down, down and then further down.



To: CoffeePot who wrote (35550)1/20/1999 4:09:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
There is no news to explain the drop today....just panic sellers....I still think AMZN will
recover some tomorrow but I don't plan on averaging down any further....my current
average is now $123......I seriously doubt AMZN will/could break $100......but I'll put a
limit order in around $105 for tomorrow just in case.


CP,

I really do not have a clue in the short run. My timing for shorting was terrible. I do know this company is toast in the long run.

Glenn