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


To: Mike M who wrote (42398)2/24/1999 11:55:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
Mike,

>> In any event, sequential growth of revenue and loss may not be very impressive in the middle of a general market decline.
<<

That is the most important factor. Amzn reports very late in the season. If the market is in a sour mood, then it will go down, or it may bounce a little, but from a low level.

However, I think in the computer and electronics sector, revenues and earnings are generally expected to increase. Just look at the chip and semi equip stocks. They are at all time highs. I personally think they are too high, but I don't know the subject well enough to have confidence in my opinion.

So in all, the market may have been through a correction and be on the mend by late April.

For tomorrow, if amzn does not recover a little, I think its down trend will resume. However, I just can't convince myself that it will be in the 80's again, soon.

-Sarmad