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


To: Sarmad Y. Hermiz who wrote (41189)2/19/1999 3:14:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
The turn happened yesterday. Henry waited to optimize his analyst score.



To: Sarmad Y. Hermiz who wrote (41189)2/19/1999 11:22:00 PM
From: Mike M  Read Replies (4) | Respond to of 164684
 
Sarmad-

This is simply the rally I mentioned several days ago...the move for AMZN is temporary and the market run is gasping its way (probably)to a new high. The market, IMO, is setting up for a horrendous drop once that rise is complete and AMZN will participate.

Even Blodgett reportedly admitted that AMZN has more downside, but he contends that AMZN will see a new high later this year. Where this stock goes Monday and/or Tuesday is uncertain, but I am convinced that, after a little more upside, there is plenty of downside to follow.

Mike