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


To: Jan Crawley who wrote (45025)3/10/1999 11:41:00 AM
From: Rob S.  Read Replies (2) | Respond to of 164684
 
I expect it to meet significant resistance at that level - but watch out if it shows signs of strength in pushing through that after some testing. The MACD and some other indicators show mid-term weakness. I think that the seasonally weak summer will send these stocks down. But this fall should be another spectacular growth season for on-line gift sales. The Internet has at least another year of initial growth phase before absorbtion of existing PC owners reaches major attrition.