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

To: Sarmad Y. Hermiz who wrote (39854)	2/13/1999 12:30:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>>What do you measure it by? earnings ? book value ? revenue ? replacement value ? social worth ?<< Stocks like Amazon, pure and simple, should be judged not by P/E but by P/C (price times creativity).

To: Sarmad Y. Hermiz who wrote (39854)	2/16/1999 5:09:00 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 164684

At 73 - 80 might be the point for you, but by what measure would that be a bargain ? Why is the the "bargain" level not 160 or 140 or 120 or 100 or 80 or 60 or 40 or 20 or 10 or 5 ? Sarmand, I trade stocks using Technical Analysis. Wrt AMZN, 73-80 represents an area of significant support. Also, I expect the 200day EMA to be very close to 73 in a few weeks. AMZN has not closed below its 200day EMA in the past 12 months. Hence my price target. No guesswork, no magic :-)) --Olu E. BTW, AMZN has now formed a bearish Head-and-Shoulders pattern with the neckline at 110... --Olu E.