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: Victor Lazlo who wrote (36295)	1/24/1999 12:33:00 AM
From: Raiders	Read Replies (2) \| Respond to of 164684

Victor, We already understand the fact they will be making 250 million and that cause the stock to run upto 200. The management at AMZN like any other management is trying to keep the price of the stock stable and now it has gone out of their control even after the current correction or the burst of the internet bubble they stock is trading @ 369. But Victor the market forces are too strong even for day traders to control. Fundamentals do catch up and then this bubble wil burst. If you notice suddenly but slowly some analyst's have started to mention fundamentals which was not there before and after AMZN's earnings it will become a big issue on WallStreet. Fear is the biggest enemy of a day trader and now the that fear is being injected into the day traders. First sign of trouble the stock will take a beating. My prediction on the stock in the next two weeks is $65. This stock needs another hair cut. Friday action was a dead cat rebound. Raiders