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


To: Gary Wisdom who wrote (37012)1/26/1999 10:36:00 PM
From: Raiders  Respond to of 164684
 
Here's my prediction folks. Now, pay attention . . .
Amazon will get a few key analyst downgrades before the open

It will open up at $100. It will slowly move down the rest of the day.
There will be a selling surge at the end of the day as the longs scramble to sell. It
will close at $80
On Thursday, after AOL reports crappy earnings, the naz futs will be lock limit down.
Amazon will open at $70. The longs will scramble again as the brokerage firms
force them to sell the shares as their accounts have become dangerously low.
Amazon will close Thursday at $60.

Just talking about a different opinion of what may happen