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


To: H James Morris who wrote (48583)4/1/1999 11:28:00 AM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 164684
 
James,

I am disgusted with myself today for being so slow. I was on the phone with the broker at 9:33. I placed order to sell 100 amzn. He quoted 179. I said limit 180. I ended up selling them at 171. Now I have to decide whether to let the longs run, or shorts, or just close for the day. I have not seen a big open gap like this run down in just a few minutes.



To: H James Morris who wrote (48583)4/1/1999 11:37:00 AM
From: MoonBrother  Read Replies (1) | Respond to of 164684
 
I am getting more and more convinced that AMZN DOES have some strength at $170. So far we've got 3.4mil shares traded, presumably lots of them from the profit takers like most of you and me here on this board. yet it's holding really tough at $170, actually drifting higher from $170, although pretty slow. Barring the dramatic general market drop - which is unlikely given the total of 300pts drop in the past couple days - we might see AMZN finish on the positive side. In fact, I think AMZN is perhaps the strongest I-net stock at this point, better than AOL, YHOO, and other I-net stocks.

Still cauthous about the possible late afternoon drop though.

MB