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


To: Jan Crawley who wrote (45872)3/16/1999 12:08:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

>> Your thoughts on today's low volume actions?

The volume today really was 2.5 M flat, then 1 M up nicely at the last hour. The other aspect is that the rise was continuous with no retreat. Which I think means it will gap up tomorrow. But if the open volume is weak, then it will run down. Remember the gap up last Wednesday on Henry B. report. Volume was under 200k which is not much. It ran down very quickly.

The other complication today was the very strong NASDAQ. If that is missing tomorrow I don't know what will lift the price.



To: Jan Crawley who wrote (45872)3/16/1999 12:46:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

>> We just be very patient,

I still have not learned this virtue. I had all those long shares in amzn that I sold in a panic last Friday. Now the price is almost back to where it was.

But this time I think I have really learned it. Be patient.