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: michael m who wrote (35772)	1/21/1999 11:45:00 AM
From: Carmine Cammarosano	Respond to of 164684

Michael, you are right...this stock is very weak...are you short? Can money be made with options?

To: michael m who wrote (35772)	1/21/1999 12:57:00 PM
From: Olu Emuleomo	Read Replies (2) \| Respond to of 164684

People speculated that Iomega would break the paradigm. The zip drive would replace the 3.5 in drive. Iomega was the stock of the future! True, true! IOM bottomed at 3. But it has tripled since the bottom. I am long IOM right now. Hope to ride the 'next' wave! --Olu E.

To: michael m who wrote (35772)	1/21/1999 6:11:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 164684

I don't disagree with the direction - as you would know if you had read my other recent posts. My post said that AMNZN was likely to find some support at the 105 level and then could o either way. Then I said that the trend was down. My previous posts said that I still expect another 50% or so drop from here by this summer. But I don't agree with you that the only direction for AMZN for the next year will be down. I think we will see a reversal in direction by the end of the year, again stimulated by the fall/Christmas sales season and renewed Internet enthusiasm. But that is far off in the future for now.