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

To: Rob S. who wrote (46002)	3/16/1999 1:21:00 PM
From: Olu Emuleomo	Read Replies (1) \| Respond to of 164684

>>Several other stocks in and out of the sector have been more rewarding and safer bets. Yeah, but what will happen when they announce their stock split? --Olu E.

To: Rob S. who wrote (46002)	3/16/1999 10:12:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

Rob, >> The stock has failed to respond much to all sorts of cajoling and hyping by analysts. << Here is a puzzle for you. When amzn failed to respond to broker cajoling back in January, it dropped from 185 to 90 in a fairly steady downhill slide. It never spent a day in the 130's. It either shot past them on the way up, or cut through on the way down. Yet this time it is finding itself very much at home in the 130's, with no change in fundamentals. The only reason for it to be here is the old 400 target of Henry B. Which of course is just nonsense. Perhaps this is why the battle between the bears and bulls is waged at this level. AMZN is either trash or gold. I don't think people are looking for 3% margin on $2B in sales. Either it will put WalMart out of business, or go bankrupt in the process. So for this reason, I think it can't stay here. Either it goes over 200, or drops to new lows. Makes sense?