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


To: Iris Shih who wrote (37969)2/3/1999 11:01:00 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>Why my asking causes you and Gst concern?(G~) <<
I'm not concerned. I was commenting on the term "stable".
The 'Thing' now appears to show signs of stability though.



To: Iris Shih who wrote (37969)2/3/1999 1:33:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Iris <Why my asking causes you and Gst concern?(G~)> I just thought stable was a weird way to describe this stock, or any net stock. Oh yes, I have a position. But I don't recall being filled with fear by your comment. Check the volume -- it has dropped sharply. That is the curious part right here. My call is -- sucker's 'rally' if you want to call it that.

By the way, do you remember the days when the stock stalled on the way up, then dropped a bit and soon after shot forward on short covering rallies? Expect the opposite in a downtrend. There are lots of people holding this stock who are under water and would love to sell if they could get their money back. I would say we are seeing people 'waiting to sell', not waiting to buy.