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


To: Sarmad Y. Hermiz who wrote (40399)2/16/1999 7:49:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
It held up fairly well considering. The TA on AMZN hasn't looked as bad as for many other Internut stocks. They were a leader on the way down and now other stocks are playing catch-up. But what happens if money decides to leave the sector in a bigger way? If it's not safe owning Yahoo! and others, is it safe to own AMZN? With less to look forward to to spur these stocks up over the next few months and the dog days of summer to look forward to, (when many of the go-go crowd get gone to the beaches, mountains and other playgrounds), money will have a way of moving into places it doesn't have to be watched every minute. IMO, get out now or go short on any movement up.