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


To: Sarmad Y. Hermiz who wrote (43850)3/4/1999 1:31:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164685
 
>>Maybe it is a setup to kill the shorts, again. <<
Last May when the elephants bought most of the float the setup was in full swing. Now with the splits the float is a different "Thing".
As you are probably tired of this same old post. You won't get your correction. Until the elephants leave.
I don't have a clue when and If the elephants will leave. If I did I'd short the farm.
That wouldn't be smart. With Bezos's no profits and $1 bil in revenue.
There's just too much risk for me.



To: Sarmad Y. Hermiz who wrote (43850)3/4/1999 1:55:00 PM
From: Glenn D. Rudolph  Respond to of 164685
 

I don't know why amzn is down today. I wonder if it is related to msft acquiring a
shopping service for its web site. I really have no idea. Maybe it is a setup to kill the
shorts, again.


Sarmad,

I admit to not having a clue about the AMZN stock price. I do not know what the longs really think. I have played this long twice on momentum only but it is bankrupt in my opinion from a fundamental point of view.

Glenn