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


To: Sarmad Y. Hermiz who wrote (41111)2/19/1999 9:48:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164687
 

By the way, the early gap up in amzn was caused by 228000 shares to buy at the market
open. Lately buyers of gap-up have been disappointed. It looks like it today, so far. But
as WH might say, its been only 8 minutes.


My guess is the market buy at open was day traders. Thank you for the wish of good luck because I need it and the same to you!

Glenn



To: Sarmad Y. Hermiz who wrote (41111)2/19/1999 12:02:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 164687
 
>> a boost by comments from analyst at CIBC Oppenheimer who says now is a good time to buy the likes of Amazon.com (AMZN) and Yahoo! (YHOO).

I don't trust that guy. But apparently his remarks are heeded by many.


Actually that was good enough to get me to buy back in. I've seen quite a few quips from 'analysts' beginning to hype the i-nuts again.

I don't like trading this pig, but the i-nuts are unpredictable and warrant caution from the short side.