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


To: Sarmad Y. Hermiz who wrote (47621)3/27/1999 8:53:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

1- Q1 report with likely rev increase


Sarmad,

My fear when it was falling and I was long, was they would announce they will not show a sequential revenue increase. I believe that is still marginal.



To: Sarmad Y. Hermiz who wrote (47621)3/27/1999 9:00:00 PM
From: Jenne  Respond to of 164684
 
Yes.. I agree.. AMZN is getting a push..



To: Sarmad Y. Hermiz who wrote (47621)3/27/1999 10:11:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>Just keep in mind three items that may push amzn up in the next 30 days.

1- Q1 report with likely rev increase

2- company announcements regarding new business possibilities

3- broker recommendations.<<
Sarmad, 1 and 2. No3 is done, unless you consider Mr fast.con securities, to have an impact.



To: Sarmad Y. Hermiz who wrote (47621)3/28/1999 11:22:00 AM
From: tonyt  Read Replies (2) | Respond to of 164684
 
>> the last 1/2 hour saw an attemted rally to above 140 fail. Monday will probably gap open at 135 and we'll most likely see a test of 130 again.>>

>Just keep in mind three items that may push amzn up in the next 30 days.

>>1- Q1 report with likely rev increase

Maybe yes, maybe no. We have not gotten any indication in over a month from management on this. (although 'wrong-way Murphy' is spreading a rumor that they will miss rev #'s)

>>2- company announcements regarding new business possibilities

Been there, done that. drugstore.com brought AMZN above 140 only to see it drop to 118 within weeks

>3- broker recommendations.

Been there, done that ad nausem. The most recent rec last thursday brought AMZN within striking distance of $150, only to see is close, once again, below $140.

Three attempts to close above 140 have failed (with your 3 items).
That is not a good sign.
A good sign is that AMZN sould hold above $110