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


To: Rob S. who wrote (39811)2/12/1999 9:40:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Moving down 30% isn't what I'd call tanking. I see 10%-25% upside and
30% downside for Yahoo! That's great performance in what I think will be
an adverse market. <<

Rob yhoo is down over 30%.



To: Rob S. who wrote (39811)2/13/1999 9:08:00 AM
From: Olu Emuleomo  Read Replies (2) | Respond to of 164684
 
YHOO is a good long-term hold but
not a good stock to buy to hold for just six months.


Rob S,

Look what happens to YHOO's price whenever it hits the 50day EMA

bigcharts.com

--Olu E.



To: Rob S. who wrote (39811)2/13/1999 2:00:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Yahoo is a consolidation play, argues Colin. The valuable Internet properties
will be those that can aggregate the most destinations and steer users most
effectively. As Yahoo attracts more users, it gets more destinations, and more
power over each of them. "Over a period of time measured in years," says
Colin, "Yahoo and Amazon can each appreciate by several times."<<

Robby pay attention here. I think this guy is right about Yhoo and Amzn. Yhoo has hammered down off of double bottom on 50 ma twice. I think this stock is in good position going forward. Amzn i'm not sure about yet there's a possibility that it could move down to 80- 76. However, i think if you stepped in at 92 - 96 (70 ma support line for Amzn and down over 50% from high) you have good footing during the consolidation phase. Good luck