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


To: GST who wrote (38179)2/4/1999 6:03:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>EBAY INC COM(EBAY)
Bid: 237 15/16 BidSize: 0 Open: 274
Ask: 238 AskSize: 0 Close: 278 1/4
Last: 239 High: 278 Div.: 0.00
Change: -39 1/4 Low: 237 Yield: 0.00
A.High: 321 P/E: 283.75 Volume: 3817200
A.Low: 25 1/4 EPS: 0.06 Market :NASDAQ NM
Tick: Up<<
I honestly think this stock is going down. @ 321, it is a short sellers dream. If the hedged, will lend you THEIR stock! Actually they don't have to lend the stock, unless it's in a cash account.



To: GST who wrote (38179)2/4/1999 6:19:00 PM
From: H James Morris  Respond to of 164684
 
>>AMAZON.COM INC(AMZN)
Bid: 118 BidSize: 0 Open: 125 1/4
Ask: 118 1/16 AskSize: 0 Close: 125 3/4
Last: 118 High: 126 3/4 Div.: 0.00
Change: -7 3/4 Low: 116 1/4 Yield: 0.00
A.High: 199 1/8 P/E: 0.00 Volume: 5824800
A.Low: 9.547 EPS: -0.81 Market :NASDAQ NM
Tick: Down<<
I wished I'd have short this over feed MF @ 125, but this "thing" is not a stock to mess with. Only 10 points of volatility.



To: GST who wrote (38179)2/4/1999 9:35:00 PM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
I have been very surprised that the Amzonianuts haven't seized on the 60 Minutes and other hype to propel their enthusiasm. Where are the 30 million volume days of the recent Jungle Tulip mania? Could it be that this stock just isn't that exciting anymore? - at least not exciting enough to cause a stampede to the stockbrokers IMO.

This stock will probably wilt down rather than crash. My guess is still that it has 40%-55% further down to go before it gets close to a bottom.



To: GST who wrote (38179)2/5/1999 12:21:00 AM
From: Rob S.  Respond to of 164684
 
The NAS is due for at least a pull-back. From a historical perspective, many many stocks are trading at the very top of their valuations. Many leaders could come down 40-50% and still be at the mid to upper range of their valuations - not just the Internut stocks. Several major brokerages have reportedly been telling their clients to get out while they are still publicly bullish - a sure sign a move down is nearly certain. I see it this way - the NAS has about a 10% upside and about a 40% downside with about 90% certainty - it is much riskier to be long than short on the market - but always play it stock by stock.