Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mike M who wrote (41306)	2/20/1999 11:18:00 AM
From: Doug Robinson	Read Replies (1) \| Respond to of 164684

Mike - Took a mid-term position (2-6 months depending on momentum and price); a short term position (next week with an initial target of $105 that I might move up $3-$5, I was surprised it moved so quickly to the plus $100 price) and made four trades (plus $5;$4;$2;2;/share) yesterday. Don't know if I'll trade it early next week. BTW I won't hesitate to short it if the opportunity looks good, but I think you will see some more analyst's making positive notes early in the week. If that's the case I'll continue to trade it, if not I'll exit my short term position at target or plus 3-5 bucks depending on momentum. I think there's too much money on the sidelines right now and if people think this one's going to run again they will come in rather strongly. I won't exit my mid-term position unless the price falls below $89 (a $4 1/2 loss per share more than offset by my Friday trades). It's turned out a win/win for me but then again even a broken clock tells the correct time twice a day.