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


To: Randy Ellingson who wrote (41154)2/19/1999 2:02:00 PM
From: Stefan  Read Replies (1) | Respond to of 164684
 
Be careful with AMZN Randy if you hold on to it for two years you might be forced to hang on to it for life. It might be in your family for ever. I hope the design of the certificates is nice.<g>

Seriously, it looks like the volume died out again. 2 millions at the beginning and now less then 200 thou.
This the third sucker rally.



To: Randy Ellingson who wrote (41154)2/19/1999 2:15:00 PM
From: Don Westermeyer  Respond to of 164684
 
That's for those who buy a stock, watch it slide, and then sell.

Often people will sell into strength for no other reason than to exit a loosing position after being burned badly. I don't know if AMZN will play out that way or not, but the stock has very high expectations built into it.

It is also getting noticed that all of the i-nut supply coming on to the market from insiders, IPO, etc. is likely to limit the upside of these things.

Of course the guys saying this could be all wrong too.

Good luck.