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

To: GST who wrote (49231)	4/6/1999 11:13:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 164684

I don't know if you were asking Sarmad or anyone, but imho, amzn will make a run past 220 in the next two weeks.

To: GST who wrote (49231)	4/6/1999 11:14:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

GST, >> LSI went north of 35 today, I was thinking of you when I sold 200 shares (10% of my LSI) today. I was hoping you still had your shares/options. I hope it catches up with Altera, though I am very skeptical and plan to sell into rallies. --------------------------- >> If earnings don't matter, why do we follow them? Right. Earnings don't matter, but revenues do. But with yhoo earnings and revenues are parallel. And revenues look even more like a joke when compared to their market cap. Anyway, my reason for shorting it is not earnings. It is the big reversal it had today. $30 on very heavy volume. This is exactly what happened the day before 98Q4 report in January. The stock ran down $200 from there. I think someone on this thread made $1 million on yhoo in one week. However, I plan to short only 100 shares. --------------------------- >> Do you think AMZN is going to take another run at its all time high? Or are we finished here? Amzn already tried it today and was slapped down - sort of. Even though it was a reversal, volume was normal. So I think the buyers may get trapped into a new high, yet. I feel very safe in my short position (400 shares) and expect 50 points down. Though perhaps not real soon. I thinks April puts are too early, since they expire before Q1 report.