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


To: Jan Crawley who wrote (42674)2/25/1999 8:46:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

>> If we take small bites here and there, we cannot miss.

At 125, amzn is not cheap. On approx 2/2/99 it also went up 15 pts to 125, and next day started the decline that took it to 84. I do think today is different, mainly because of the volume, and the way it finished, plus the news background. I am not holding in hopes of 150. It is more like watching it to see if the buying demand is still there. I think we'll get a couple hours of see-saw before it dives, whenever that comes. At this time It seems the powers that be would like it to go up.