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: Gary Ball who wrote (37915)	2/2/1999 4:24:00 PM
From: Dr Smith	Respond to of 164684

Amazon was testing support today at $110. If you want to buy in, there is no need to rush in like BancBoston advised. Cut you investment into thirds, and buy over the next three weeks (one purchase each week), if you must. To buy in now, the risk is that the stock will fall to $75 short term, but I would not say that this outcome is very likely. Incidently, Amazon has strong resistance at $135 near the opposite side of the range.