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


To: Glenn D. Rudolph who wrote (50454)4/14/1999 10:31:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
Yes, it's quite predictable. However, if we gap up tomorrow, I'm selling VERT, ATHM and the YHOO I bought at 200. If we gap down, lovely; I'll wait a while and buy more AOL (around 140?) and YHOO (around 180).
I believe AMZN will soon punch 150 to the downside, so I'm staying away. The chart does not look good.
Tomorrow will be the 'tell' (like JJ Cramer likes to say)

--Olu E.



To: Glenn D. Rudolph who wrote (50454)4/14/1999 10:43:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Glenn -- today's little blip was about reality setting in for some of the techs -- tech sucks, etc... As the nets are immune from reality as we know it, this should only be of minor concern. The LT prospects for some of the traditional leaders with real business (meaning profits etc.) may not be so rosy. In fact, a sell-off in INTC etc. could drive more money into the nets as people say 'where else is there to go'!