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


To: Rob S. who wrote (46917)3/23/1999 12:38:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Rob,

>> A couple more attempts at 135-140 are possible,

The amount of time amzn spent above 130 was very surprising to me. It stayed there for two full weeks. And moved down only today, reluctantly with a very down market.

This tells me, that amzn traders like it to be in the 130 to 140 range, which is the longest stability this stock has had in months. My feeling is it will go back and test the water above 130 again, very likely in anticipation of Q1.



To: Rob S. who wrote (46917)3/23/1999 1:11:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
Rob S.,

Isnt it interesting how people turn bearish when stocks start to go down? That's why I keep handy, a list of stocks and the prices at which i would love to own them....for days like these.
However, AMZN and YHOO sure would be bearish by closing under their obvious ranges.

--Olu E.



To: Rob S. who wrote (46917)3/23/1999 1:54:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Amazon may reach new highs by next winter but
before then it is headed to 70.<<

In your dreams.