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


To: 16yearcycle who wrote (49326)4/7/1999 1:34:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164687
 
Of course 130 is a better price than 170! I'll be shocked by a drop like that before e, but not shocked a month from now.

You are not a long, a MO trader?
Anyway, are we getting ready for a 2pm surge? i am placing a limit sell order at $181, 100 shares.



To: 16yearcycle who wrote (49326)4/7/1999 2:26:00 PM
From: Sarmad Y. Hermiz  Respond to of 164687
 
Eugene,

>> Of course 130 is a better price than 170! I'll be shocked by a drop like that before e, but not shocked a month from now.
<<

This will sound stupid to you, but this is my reasoning. AMZN was happily trading at 120 to 140. Then it announced auctions, with the possibility of stealing eBay's penny or two in per share earnings.

Now that it is clear it will not displace eBay very soon, I think it will lose the $60 per share due to that irrelevant announcement. I agree that Q1 e may get in the way for a while.