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


To: Jan Crawley who wrote (47701)3/28/1999 7:36:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Jan,

I have started to print some of your posts on paper so I can consult them later. The one about shares outstanding, shorts insiders etc, is one such.

I don't know if you saw it, but David Alger (fund mgr) is telling people amzn is "a must in any portfolio". Now he also says he sold all his amzn at 200 and rebought at 95. We can pretty much know why he is encouraging retailers to buy. I am sure he isn't alone in this promotion.

Anyway, we are refining our model of amzn's cycle. And with better and better results. The key point that you and I have to work on is to determine whether the trend is up or down, to bias the box accordingly. At the moment I think mild down but I am not ready to commit a lot to it.

Mark says the medium trend is up. And he may well be right.