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


To: Victor Lazlo who wrote (41091)2/19/1999 12:38:00 AM
From: Teri Garner  Respond to of 164684
 
AMZN broke a key support level @ $95 today, thus selling intensified down to $84. Be careful to bottom pick this, it could eat you alive.



To: Victor Lazlo who wrote (41091)2/19/1999 12:53:00 AM
From: X Y Zebra  Read Replies (2) | Respond to of 164684
 
BTw, I believe we are in the early stages of a nasty correction. Amzn will lead the way down.

I think interest rates may start going up...

Or a shock-event triggers (as the needed excuse), your mentioned sell off. (which I tend to agree with you).

If so.... How long do you give the flying p...(ahem), Amazon as a tradeable stock... After all, they do have all that money in the bank...



To: Victor Lazlo who wrote (41091)2/19/1999 8:19:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Victor

<There may be some value in the bonds, >

The junior bonds, which started at 105 are now 80. Yielding approx 6%. I expect them to move to 60 to yield around 8 or 9%, like other junk bonds.

-Sarmad