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


To: Jan Crawley who wrote (43204)3/1/1999 1:49:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
I'm not up to anything in it except watching and waiting for the next nearly "sure thing". This failure to rally seems to indicate it is locked into a range for the time being. Amazon had lots of reasons (Meeker and Blogettt upgrades and comments, news about DrugStore,com) but hasn't does much. It still could go either way. If they come out with "news" about robust sales at their new partner, that might be enough to rally the Internet speculators. I expect them to show a nice sales increase. But I expected more of a move than we have seen thus far so maybe the hype will fail to get the stock back up.

- Just watching it and not day trading myself - but that's the thing to do - holding it or shorting it may be riskier.