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


To: MJCok who wrote (47592)3/27/1999 2:22:00 PM
From: CookiePuss  Respond to of 164684
 
Historically MSFT has rallied higher after each of it's past splits. 7 splits and 7 nice rallies followed. This is not the stock to short right now.



To: MJCok who wrote (47592)3/27/1999 7:07:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
MJ -- <it is dangerous to short the leaders> Agreed with all you say, except I think it is 'overbought' and due to pull back for precisely the same reasons (stock split, settlement rumors, etc.) and the premiums are ok. I sold about half my position at a profit a couple of days ago with MSFT below 165, and the other half got cut to about 40% of original purchase price. So I am down but not out on this and added back half a position with MSFT around 179. As for the dangerous market -- it is all dangerous at this point IMO. I would love to go against AMZN but have stayed away since I sold my puts at around 85 (lucky -- bought at between 180 and 185 the day before it peaked at 199). I think AMZN may have peaked again on Friday -- but I feel better about a dip in MSFT preceeding any real net damage so I will wait -- maybe till later this week.



To: MJCok who wrote (47592)3/27/1999 7:52:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
AMZN: NATNBK MONT.SEC made new estimate for fiscal year ending
12/99 of $-0.87 on 03/24/99
AMZN: NATNBK MONT.SEC made new estimate for long term EPS
growth of 50.00% per year on 03/24/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
03/99 of $-0.29 on 03/24/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
06/99 of $-0.24 on 03/24/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
09/99 of $-0.20 on 03/24/99
AMZN: NATNBK MONT.SEC made new estimate for quarter ending
12/99 of $-0.15 on 03/24/99