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


To: Sarmad Y. Hermiz who wrote (42442)2/25/1999 9:54:00 AM
From: Frost Byte  Read Replies (1) | Respond to of 164684
 
DLJ puts $190 price target on Amazon this morning....a sulf-fulfilling prophecy?



To: Sarmad Y. Hermiz who wrote (42442)2/25/1999 10:25:00 AM
From: X Y Zebra  Read Replies (1) | Respond to of 164684
 
This is amazing. The ask sizes in amzn are about 10 times the bid sizes, yet the price stays up. This is an incredible display of buying enthusiasm by amazonians. I have never seen any stock stay up in the face of large block selling. The retail buyers are absorbing all the selling and clamoring for more. This is a phenomenon.

Don't you love this display of "climatic enthusiasm"... (or is this only the beginning ? <g>)

However remember, they are AMAZOMBIES....

Enjoy while it lasts... At this point I will continue to say that trading this thing is like driving a Volkswagen bug with skinny tires and a Ferrari engine as power source...in the rain.

See if you can control those 600 h.p. .... But it can be a hell of a ride! up or down.

Buckle up...(but it won't matter, as if you hit the guard rail, they will pick up the pieces off the pavement with a shovel and put them in a trash bag)....