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


To: Mark Fowler who wrote (38560)2/7/1999 2:04:00 PM
From: Mike M  Read Replies (1) | Respond to of 164685
 
But the intermediate term trend is weak now and is building a base 8 to 10 weeks out, I think the successful retest off the 50 Ma looked good and a near term technical bounce is due on Amzn.

I read that to mean you also see a little more upside and then a drop, likely to go below the recent support of 92....bottoming 8-10 weeks out and off to the races again.



To: Mark Fowler who wrote (38560)2/7/1999 6:40:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164685
 
From Lise Buyer at Credit Suisse First Boston:

"Most of the other important operating measurements appear in
the appended datasheet, but as always, we will highlight
those that we consider to be standouts:

According to management, the book business was profitable in
the month of December.

The "dot com" businesses, meaning books, music, video and
gifts but excluding "Shop the Web", the European initiatives
and the Planet All activities had a negative operating margin
of only 4% (as compared to the corporate total of 7%).

The rate of new customer additions is currently higher now
than it was in the pre-holiday season period. We assume this
means the company is adding more than 100,000 new customers
each week."