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

To: Glenn D. Rudolph who wrote (44023)	3/4/1999 11:19:00 PM
From: swagman	Respond to of 164684

Amazon (AMZN) - Wednesday, AMZN moved up a notch as it closed at 123.50, with a 2.19 gain. Thursday, AMZN gapped up 2 points to open at 125.50, quickly reached 127.00 and promptly did an 'about face' as it moved lower for most of the day. AMZN bounced nicely off support of its 22 DMA when it reached an intraday low of 115.88. Traders swooped in to pick up shares at a bargain helping AMZN to recover off its lows, as it closed at 120.12, with a 3.36 loss. Fueling AMZN's sell-off were concerns that it may have trouble meeting high end earnings estimates. Analysts are currently on both sides of the fence. Optionable.