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


To: Glenn D. Rudolph who wrote (47008)3/23/1999 3:56:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Glenn -- <the money seems to almost always comes back>

Its all about the flows -- there is no pile of cash somewhere building up. The last share traded defines the price. AMZN once traded at 199 -- cold comfort for those who hold the shares today. Follow the money. If you have no idea of the flows, you will have trouble unless you are simply lucky. AOL has a brilliant future as a company -- but owning the stock here could be a big mistake. If you are a trader, you might want to lighten up, hold some cash, and make your money work harder for you once prices have 'consolidated at lower levels'. Hey, its just my opinion and its your business. Just a friendly observation.